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3501 Legacy Circle, Granbur...

Senior Living Investment Brokerage Acquires Senior Housing In Granbury For $18M
SOLDOther

Senior Living Investment Brokerage Acquires Senior Housing In Granbury For $18M

3501 Legacy Circle, Granbury, TX 76049

$18,000,000

$24,161/SF

Building Size

745 SF

Asset Type

Other

Closing

Jun 3, 2020

AI

The recent closed transaction in Granbury involved the sale of a senior housing property located at 3501 Legacy Cir. The property, consisting of 81 units, was sold for a total price of $18,000,000, resulting in a per unit price of $222,222. Matthew Alley and Bradley Clousing, from Senior Living Investment Brokerage (SLIB), represented the parties involved in the deal.

Summary of transaction details

  • Property Type: Senior Housing
  • Transaction Amount: $18,000,000
  • Address: 3501 Legacy Cir
  • Market: Granbury
  • Brokers: Matthew Alley & Bradley Clousing - Senior Living Investment Brokerage (SLIB)
  • Units: 81
  • Price Per Unit: $222,222

The sale of this senior housing asset signifies a significant transaction in the Granbury market. Matthew Alley and Bradley Clousing, from Senior Living Investment Brokerage (SLIB), played a crucial role in facilitating the deal. Their expertise in the senior housing sector contributed to the successful completion of the transaction.

Players

Matthew Alley

Senior Living Investment Brokerage

Broker

$18M

vol

8 deals

Broker

Granbury Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93