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50 Cent offloads Connecticut mansion

50 Cent’s Connecticut mansion is to be turned into an assisted living facility after finally offloading the property.
The In Da Club star first bought the sprawling 21-bedroom home from boxer Mike Tyson for $4.1 million (£2.7 million) in 2003. But, after reportedly investing up to $10 million (£6.7 million) in renovations, he placed the house back on the market in 2007.
The rapper struggled to sell the mansion in Farmington, and had been forced to continually slash the price from its original $18.5 million (£13.1 million) price tag.
In December (15), he cut the fee down to $8.5 million (£5.7 million), and the low price has reportedly lured an unnamed buyer, who plans to transform the spacious property into a care home.
According to TMZ.com, the new owner is modifying zoning on the estate so it can be converted into a 52-room home, pending approval from town officials.
The mansion also includes nine kitchens, outdoor and indoor pools, a casino, nightclub, basketball courts and a pond.
The timing of the sale could prove to be a great help for the hip-hop mogul, who filed for bankruptcy last summer (15). During the court proceedings, it was revealed he had moved out of the property and had placed it up for rent, as it cost him $72,000 (£48,000) a month to maintain.
The superstar filed for bankruptcy days after he was ordered to pay $5 million (£3.3 million) in damages to rap rival Rick Ross’ ex, Lavonia Leviston, for leaking her sex tape online. 50 Cent was subsequently slapped with another $2 million (£1.3 million) in punitive damages.

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