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Close| Price: | $2,875,000 |
| Property Type: | commercial_industrial |
| MLS #: | 23015284 |
| ENCHANTED PINES ASSISTED LIVING! Take advantage of this rare opportunity to own a welcoming Type-A assisted living facility in the heart of East Texas, centrally located between Houston and Dallas. This well-established facility boasts 34 units with historical occupancy that has been stabilized for years. Current occupancy is at 100% capacity, averaging 32-months stay per resident and has a waiting list for future residence. It staffs 16 caregivers to assist its residents, giving it a high staff-to-patient ratio. There is a security camera system to monitor for safety. Room rates vary monthly depending upon the size of each unit. The rates range from $2,725 - $3,150/per month and include all meals. A new roof and lighting upgrades were installed in 2020, as well as all new flooring throughout the halls and common areas of this 21,122 sq.ft. facility. This 7.77-acre property is gated and fenced and has plenty of room for expansion of additional units. This facility is in a great location, on the highly trafficked Loop 304, and is surrounded by nearby medical facilities and a hospital. So, if you're looking for the strongest facility in the market that has consistently proven to be a cash-flowing asset, then give us a call today to get additional information on this well-maintained facility. | |
| Area: | Houston |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 7.777 |
Courtesy: Lawrence, Nancy • Lawrence Realty • 936-544-4747 
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 12/27/2024 10:45 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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