SOLDNursing Home
Meridian Capital Group Completes Nursing Home Sale In Arlington For $4M
100 Powell Drive
$4,000,000
Building Size
—
Asset Type
Nursing Home
Closing
Dec 10, 2023
AI
Located at 100 Powell Drive in Arlington, OH, this property transaction involved a Nursing Home. The sale price for this asset was $4,000,000.
Summary of transaction details:
- Property Type: Nursing Home
- Transaction Amount: $4,000,000
- Market: Arlington, OH
- Brokers: Michael Schoenbrun, David Schechtman, & Abie Kassin - Meridian Capital Group
Michael Schoenbrun and David Schechtman, alongside Abie Kassin from Meridian Capital Group, were the brokers facilitating this transaction.
Players
Arlington Nursing Home Market Snapshot
Boundary boundary · Nursing Home · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93