ID#043202   Approximate Beds/Units:  16    Location: Near Houston

Another firm is pleased to introduce 16 Suite property in fabulous condition and ready for its next owner. They have decided to focus on  North Texas properties and list this property for sale. They acquired two properties out of Bankruptcy and spent over a year preparing them for licensing. The property had zero occupancy at the time of acquisition. The property is fully licensed as Class B Small Assisted Living with Alzheimer’s certification. These are well-designed and spacious properties. The property was appraised at more than $3,000,000. The EBITDA is projected to be approx. $325,000 property once stabilized.