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Cushman & Wakefield Aces St. Augustine Sale

An amenity-rich senior living community just sold in St. Augustine, Florida, with the help of Allen McMurtry, Paul Carr, David Kliewer and Megan Fetter of Cushman & Wakefield’s Tampa office.

Built in 2001, the community sits on about 40 acres in the World Golf Village and features 87 cottage homes, 70 independent living units, 36 assisted living units and 30 private skilled nursing beds. In addition to access to two world-class golf courses, residents also enjoy a clubhouse, heated outdoor lap pool, putting green, bocce court, pub and fitness center. Life Care St. John’s Inc., an affiliate of Life Care Pastoral Services, sold the property to Westminster Communities of Florida for $27.5 million, or $123,300 per unit.

 

 

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