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.
| MLS # | 23015284 |
|---|---|
| Listing Type | For Sale |
| Style | Building |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 1011 |
| Listing Provided By | Lawrence Realty | Nancy Lawrence |
| Building(s) | 1 |
|---|---|
| Acreage | 7.78 |
| Lot Features | Inside City Limits |
|---|---|
| Construction Materials | Brick |
| Structure Type | Special Purpose |
| Tax Annual Amount | 0 |
|---|---|
| Tax Legal Description | 7.777 ACRES, A E GOSSETT SURVEY, PT NEOL 49, HO CO |
| Tax Year | 2023 |
| Tax Value Exempted Yes / No | No |
| State | TX |
|---|---|
| County | Houston |
| City | Crockett |
| Zip Code | 75835 |
| Area | Houston |
| Listing VS Median (in 75835) | |
Price: $2,050,000 low | high Med: $319,000 On site: 1011 low | high Med: 69 | |
| State | TX |
|---|---|
| County | Houston |
| City | Crockett |
| Zip Code | 75835 |
| Area | Houston |
| Listing VS Median (in 75835) | |
Price: $2,050,000 low | high Med: $319,000 On site: 1011 low | high Med: 69 | |