Nebraska developer buys land for retirement community


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  • | 10:00 a.m. April 17, 2015
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BUYER: Stone River Retirement Community LLC, Lincoln, Neb.
SELLER: Power Holding Corp.
PROPERTY: 7360 E. 55th Ave., Bradenton
PRICE: $3.6 million
LAW FIRM ON DEED: Salvatori Wood Buckel Carmichael & Lottes, Naples

PLANS, DESCRIPTION:
An affiliate of Resort Lifestyle Communities purchased about 12.5 acres at the southwest corner of State Road 70 and Interstate 75 for $3.6 million.

The price equated to about $288,000 per acre.

 

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