50 Cent's
massive estate in Farmington, Connecticut has finally found a buyer and
they're planning on turning the sprawling 52-room home into an assisted
living facility.
TMZ has learned the home sold for $8 million ... $10.5 million less than 50's original listing price almost a decade ago.
50 first put the 21-bedroom, 25-bath estate on the market in 2007 for
$18.5 million. The price was reduced several more times in the
following years.
The 50k square foot home had been a huge financial burden
for the bankrupt 50, costing around $70k per month to maintain since
there's also 9 kitchens, an outdoor infinity pool and grotto, indoor
pool, helicopter pad, casino, nightclub, basketball courts and pond.
It's resort-like amenities sound like a perfect fit for the buyer who
is modifying zoning so it can be converted into the old folks home
pending the town's approval.
Still ... he should feel good about helping out old folks.
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