Senior Housing and Assisted Living Facilities for Sale in Texas
Active Adult, Independent Living, Assisted Living and Memory Care Facilities for Sale in Texas including Dallas, Fort Worth, San Antonio, Houston, and Austin
Haven Senior Investments is proud to present a 33,981 sq.ft. medical hospital building that was constructed in 2009. It was operated as a hospital under several different names until around 2019 when it was re-marketed as a medical office building. The first floor was reconfigured from a food service/patient service area to an office for a physician group. Current tenant’s lease will terminate soon and food service, patient waiting room and emergency room area could easily be restored. The second and third floors comprise 23,824 sq.ft. and remain outfitted as hospital rooms (single and double occupancy) many rooms with furniture and fixtures remaining. Each room has a restroom and lavatory area, as well as a closet. There are valves in the walls of each room for oxygen plus two other features. Most all patient rooms are on the window walls of the building with support room facilities in the inner core of the floor. There are multiple nurse stations on each floor and a mail station on each with a securable file cabinetry, monitoring screens for each room and telephone lines. Each of the two floors have office rooms for support staff, x-ray and other ancillary functions central to the support of a hospital environment. There is one public elevator and one freight elevator that service the three-story building. The building has an external stairway for fire protection as well as an internal sprinkler system and hoses on each floor. There are lockable doors that function to secure one-half of each floor separate from the other half. The condition of the flooring, walls, paint, ceilings, etc. would be considered exceptional considering the time is has sat without occupancy. The leasing market in this area has been such that the cost of converting the hospital rooms to office space was greater than could be justified by the office rental rate. This has contributed to the opportunity that is now at hand for the right operator. Modifications to ready the building for a new rehab or small hospital use would be far easier than any conversion of a building used previously for other purposes.
“Haven Senior Investments is proud to present a family owned and operated business in a highly sought after suburb in a major Texas city. This ALF residential home with an established business with value-add potential and room to grow is priced at $800,000. It is a cozy 11-bed Type B licensed facility that offers a warm family-type setting for residents, yet large enough to provide some economies of scale in which to operate a successful business. Smaller, more flexible spaces are highly sought after for senior housing in this post-Covid era. A needs analysis report shows continued strong demographic growth and a solid need for more senior housing units in the area. This facility sits on a large lot with ample room to expand.”
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Assisted Living and Senior Housing Facilities For Sale
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