1154 E Loop 304Crockett, TX 75835

Description

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.

Property Information

Property type

Commercial Sale

Lot size

7.78 acres

Lot dimensions

N/A

Days on market

1056

MLS^® Listing#

23015284

Property Features

Lot features

City Lot

Construction

Brick

Sewer

Public Sewer

Directions

Property is on Loop 304 - next door to Texas Burger. From SH 19 in Crockett, continue around the Loop. Go through the light at Walmart, and the property will be on the left.