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
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