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Shamrock Acquisitions Invests $14M for Shelby Manor

264-Unit Assisted Living Complex Sells in Shelby Township
January 30, 2018
Shamrock Acquisitions, a real estate acquisitions firm founded in 2008, purchased the 264-unit Shelby Manor senior housing complex in Shelby Township, MI from Charter Township of Shelby for $14 million, or approximately $53,000 per unit.

The 237,000-square-foot assisted living facility delivered in 1992 at 13900 Lakeside Blvd. N. on more than 10 acres. Shelby Manor comprises one- and two-bedroom units ranging from 600 to 700 square feet in three, three-story buildings.

Please see CoStar COMPS #4090902 for more information on this transaction.
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