Hialeah Gardens Skilled Nursing Facility Sells For $43 Million

The Signature Healthcare Center of Waterford skilled nursing facility at 8333 W. Okeechobee Road, Hialeah Gardens 760x320

The Signature Healthcare Center of Waterford skilled nursing facility in Hialeah Gardens sold for $43.16 million.

Hialeah Gardens SNF LLC, managed by Ira Smedra of the Arba Group in Los Angeles, sold the 214-unit skilled nursing facility at 8333 W. Okeechobee Road. The buyers were Waterford Propco LLC, Waterford TIC 1 DM Member LLC, and five other entities with similar names.

The buyers assumed the seller’s $19.53 million mortgage, which was taken over by VNB New York and boosted to $59.84 million.

The property last sold for $29.3 million in 2019.

Totaling 65,132 square feet in three stories, the facility was built on the 1.97-acre site in 1986.

Source: SFBJ

November 8, 2022/by admin

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