After nearly nine years on the market 50 Cent’s massive estate has found a buyer and they’re planning on turning it into an old peoples’ home.
According to TMZ, the estate – in Farmington, Connecticut – has finally been sold for a reported $8 million (£5.7 million).
Unfortunately for the rapper, that is a whopping $10.5 million (£7.4 million) less than the original listing price almost a decade ago, after he was forced to reduce the price several times as no buyers were willing to fork out.
However, someone has finally bitten the bullet and the new owner is planning on turning the sprawling 52-room home into an assisted living facility for elderly residents
The 50,000 square foot home boasts nine kitchens, an outdoor infinity pool and grotto, indoor pool, helicopter pad, casino, nightclub, basketball courts and pond.
It has been a huge financial burden for the allegedly bankrupt 50 – costing around $70,000 (£50,000) per month to maintain and run.
However, these features now look like they could be a massive bonus as the resort-like facilities sound like it could be a perfect fit for the buyer who is modifying zoning so it can be converted into the old folks home – pending approval.
I’m sure Fiddy will be feeling pretty good about helping out all those old folks – and shifting the massive drain on his ‘crippled’ finances.
