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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

We aggregate all 16+ Unit senior housing, Independent Living, Assisted Living, and Memory Care facilities and businesses for sale throughout the United States. This information is updated every two weeks.

Haven Senior Investments is pleased to offer this lovely residential care facility located just north of Houston, Texas. Fully renovated by the current ownership, this Assisted Living has been lovingly appointed with warm and modern details, which make it feel like a cozy home. Currently operating at full capacity, the residents are all private pay. The average monthly room rate is approximately $4,000 which we believe to be below market value, adding growth and upside potential to future revenue. NIC Map Vision data indicates a strong market need for AL beds in the immediate local area.

Haven Senior Investments is proud to present a 33,981 sq. ft. medical hospital building 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. The 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/lavatory area, and 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 mail stations with securable file cabinetry, monitoring screens for each room, and telephone lines. Each of the two floors has office rooms for support staff, x-rays, 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 and an internal sprinkler system and hoses on each floor. There are lockable doors to secure one-half of each floor to separate from the other half of the floor. The condition of the flooring, walls, paint, ceilings, etc. would be considered exceptional considering the time it 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.

ID#043201   Approximated Beds/Units:  16 + 16    Location:  Manvel & Houston

Another firm is pleased to introduce two beautiful secured AL and MC properties in Pearland and Copperfield. Located in the Houston suburbs; two former 16 Suite properties are in fabulous condition and ready for their next owner. We have decided to focus on our North Texas properties and list these two for sale. We are asking $2.85 million for each property. We acquired both properties out of Bankruptcy and spent over a year preparing them for licensing. Both properties had zero occupancy at the time of acquisition. Both properties will be fully licensed as Class B Small Assisted Living with Alzheimer’s certification. These are well-designed and spacious properties. Both properties appraise in excess of $3,000,000. The EBITDA is projected to be approx. $325,000 per property once stabilized. These are two similarly designed buildings with 16 suites each. The buildings are 6,200 and 5,300 square feet respectively. Both buildings are fully sprinklered and have recently passed DHHS Life Safety. All fire and sprinkler systems are in good working order. Both properties have a separate hair salon and beautiful back patio areas. Both buildings have secured entry for the safety of its residents. (Home Based). The buildings are currently around 50% occupancy. We were unable to fill the buildings during the licensing process. There is a strong opportunity to stabilize the buildings and create greater value for both properties. Seller IS willing to consider Seller Finance 10% of the purchase price up to $500,000. Support & training is negotiable.

ID#043199   Approximate Beds/Units:  50    Location: Katy

Another firm is pleased to introduce a 14,000 SF Memory Care Facility. INVESTMENT HIGHLIGHTS: Brand new 15-year Absolute NNN Lease with 7.5% rent increases every five years in both primary & renewal option periods. Alzheimer’s care is growing is currently undergoing expansion across the Houston and Dallas-Fort Worth MSAs. From 2010 to 2018, Houston added 1.1 Million new residents, an 18.2% Increase, the fastest rate among the largest U.S. Metros. The subject property is right off major roads in one of the most desirable Houston suburbs. Houston MSA’s population is 7.34M+

ID#043195   Approximate Beds/Units:  60    Location:   Arlington

Another firm is pleased to introduce a 29,226 SF former 60-Bed Memory Care Center in Arlington. This facility is priced at $75.27 PSF and has PD Zoning that allows all OC uses plus supervised living facilities.

 

ID#043194    Approximate Bed/Units:  148    Location:   Pasadena

Another firm is pleased to introduce a 63,535 SF Health Care Building with 148 beds in Pasadena. PROPERTY FACTS: Lot Size is 2.01 AC, Price Per Bed is $18,919, Building Size is 63,535 SF, Sale Type is Investment, No. Beds is 148, Property Type is Health Care, No. Stories is 2, Property Subtype is Assisted Living, Year Built is 1980, Building Class is “B”

ID#043191   Approximate Beds/Units:  TBD     Location: Sachse

Another firm is pleased to introduce a 14,000-square-foot, 16-bed, Assisted Living Property located in Sachse, Texas. The Property is a stand-alone senior care development. The property is surrounded by both single and multi-family residential developments. The Property was constructed in 2023 and will be in operation soon. The facility has a brand new 16-year personally guaranteed absolute net lease with built-in base rent escalations every 5 years, including 3, 5-year renewal options. There is a strong tenant profile as the Facility’s Alzheimer’s Care is growing its successful concept and currently undergoing expansion across Texas. The facility is surrounded by a dense housing market with strong median household incomes of $105,898 within 5 miles of the property and a population of nearly 136,100 residents within 5 miles of the property.

ID#043188   Approximated Beds/Units:  40/28     Location:   Houston

Another firm is pleased to present this offering of a new assisted living and memory care development located in the Houston MSA. The site was originally planned for six buildings (five residential cottages and one community center), an assisted living and memory care campus providing a total of 70 units/100 beds. The current offering includes the completion of three buildings (two residential buildings and one community center) with a total of twenty-eight units and forty-four beds. The three buildings have a combined 26,979 square feet. The site is situated on approximately 5.43 acres and has improvements made to the grounds of concrete parking lots, driveways, and a detention pond. A new owner can continue with the cottage model or do one large two-story facility of independent, assisted living, or memory care. The facility is located near a subdivision with home prices ranging from $580,000 to $950,000. It is located on a well-traveled boulevard leading into three different parts of Houston MSA with several commercial and residential developments. The average household income within a one-mile radius is over $190,000. The population within a five-mile radius is over 190,000 residents. The 75 and older age cohort is over 9,500 residents (with a median income of over $44,000) and is projected to grow by 29 percent by 2026. This opportunity offers a buyer the ability to purchase a new assisted living and memory care development without the typical time frame of new development projects giving a quicker return on their investment. They can also either expand the campus as originally intended or with a larger building providing the opportunity for higher returns. The owner will also consider Lease-to-Purchase from qualified buyers.

ID#043186   Approximate Beds/Units:  196     Location:  Port Arthur 

Another firm is pleased to introduce a 78,460 SF former nursing home on 9.1 AC. There is access to Highway 73 and Interstate 10. It has been recently renovated with a new roof. The facility is for sale for $10,200,000(approx $130/SF). PROPERTY FACTS: The Building Size IS 78,460 SF; The Price Per Bed is $52,041; Number of Beds is 196; The Sale Type is Owner User; Number of Stories is 1; Property Type is Health Care; Year Built/Renovated was 2001/2020; Property Subtype is Continuing Care Retirement; Tenancy is Single; Building Class ” C”; Parking Ratio is 1.39/1,000 SF; Lot Size is 9.20 AC

ID#043181   Approximate Beds/Units:  120     Location:  Jacksonville  

Another firm is pleased to introduce a 49,432 SF Health Care Building with 120 beds offered at $2,800,000 in Jacksonville, TX. This was a former licensed nursing facility located just east of the downtown area along one of three major thoroughfares in Jacksonville, Texas. It was conveniently developed less than 10 minutes from two major hospitals, UT Health Jacksonville and Christus Mother Frances Hospital. This is an excellent value-add opportunity for an investor or owner-operator to acquire the asset. It is positioned in a market with nearly 18% of the population above the age of 65 and a strong employee base with 11.8% of workers employed in the healthcare and social assistance industry, the second-highest labor sector in the area.

ID#043173   Approximate Beds/Units:  40     Location:  Missouri City

Another firm is pleased to introduce this excellent opportunity to purchase an existing Assisted Living Facility. This property consists of two approximately 6,630 sq. ft bldgs (total 13,265 sq.ft.) sitting on 1.9 Acres near Missouri City, TX. The two buildings are currently licensed by the state of Texas as Small Type B facilities. The facility is licensed for 40 Beds. It has 20 rooms for patients along with 3 flex bedrooms for overnight staff. All Furniture, Fixtures, and Equipment currently on site are included in the sale. The building was designed in such a way that each holds two separate licenses with a firewall and kitchen separating the “A” and “B” sides. The campus is immaculate with thousands spent on the landscaping package to make them feel inviting for families. Each building has a commercial-grade kitchen. The current average monthly rate per bed per month is $4,000. The location is away from the street and the gated nature of the facility allows for safety for patients and their families. In addition, it’s located in a strong submarket in terms of retail, residential housing, and schools.

ID#043171   Approximate Beds/Units:  241     Location:  Tomball

Another firm is pleased to introduce a 10,190 SF Health Care Building with 241 beds offered at $3,820,000 at a 5.50% Cap Rate in Tomball, TX. There is an Absolute NNN Lease, fee simple ownership, and zero landlord responsibilities. The tenant has over 11.5 years of firm term remaining with 3 (5-year) option periods left to extend. The lease features 2% annual rental increases throughout the initial term and option periods, growing NOI, and hedging against inflation. The lease is personally guaranteed – tenant and guarantors are to report sales upon request. There is a well-known and established tenant.

ID#043168   Approximate Beds/Units:  16     Location:  Conroe

Another firm is pleased to introduce an excellent opportunity to own a fully licensed, fully operational, assisted living facility. This recently remodeled facility is licensed for 16 residents. In addition, 5 independent living cottages are currently rented (at the time of listing) and hookups are in place to add 7 more cottages. All are located on 10.46 beautiful acres with plenty of room for expansion. The property boasts a stocked pond with paved walking trails. The home has a recently installed Generac generator and has 8 private rooms, 4 semi-private rooms (double occupancy),  large common areas both inside and out, a salon, dining room, two large shower rooms, on-site laundry facility, TV lounge, offices, and much more. There is easy access to FM 3083, FM 1485, HWY 105, and minutes from I-45.

Contact us today regarding off-market Senior Housing Properties including Assisted Living, Memory Care, and Independent Living throughout Texas.

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