Senior Housing Facility Conversion
102 Floyd Street Naples, TX 75568
102 Floyd Street, Naples, TX, 75568
$525,000
Pending
For Sale
$525,000
Pending
SINGLE_FAMILY - Naples, TX
Lot Size2.67 Acres
Days on Market35
Property Features for 102 Floyd Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Off Street, Parking Lot
- Standard status
- Pending
- APN
- 12019
- Lot size
- 2.67 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump, Electric
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 29
- Flooring type
- Wood, Tile
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Drake Real Estate
(903) 581-3737
Tyler, TX
Listed by
Matthew Marshall · License #75703
(903) 581-3737
Added: Jun 16 Updated: Jul 10 at 9:58 pm Checked: Jul 20 at 6:06 pm
MLS# 21171569
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Investment Insights
Based on property information with market context.
This non-performing senior housing facility was formerly the Bluebonnet Elite Apartments and offers a clear path to re-stabilization under the right ownership. The building features 29 independent living units, along with practical shared spaces including a lobby, an admin office, laundry rooms, a kitchen, and a dining hall. Each unit includes a kitchenette and a private bathroom, supporting an efficient senior living layout that can be brought back to full operating capacity.
Located at 102 Floyd Street in Naples, Texas (Morris County), the property sits on a 2.67-acre site. Complete details on current condition and unit configuration can be provided by the listing agent.
For investors, this asset is well-suited to a value-add strategy focused on restoring operations and leveraging the existing unit and amenity mix. The combination of independent living studios and on-site common areas can appeal to operator teams seeking a senior housing footprint with established functional spaces, rather than starting from scratch.
Located at 102 Floyd Street in Naples, Texas (Morris County), the property sits on a 2.67-acre site. Complete details on current condition and unit configuration can be provided by the listing agent.
For investors, this asset is well-suited to a value-add strategy focused on restoring operations and leveraging the existing unit and amenity mix. The combination of independent living studios and on-site common areas can appeal to operator teams seeking a senior housing footprint with established functional spaces, rather than starting from scratch.
Key Highlights
- Former Bluebonnet Elite Apartments non‑performing senior housing facility
- 29 independent living units plus common areas including a lobby, admin office, laundry rooms, kitchen, and dining hall
- Each resident studio is 273 SF and includes a kitchenette and bathroom
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Senior Housing / Retirement ...
Similar For Sale Nearby
FAQs
What type of property is this?
Senior housing / Retirement Home - Non-performing senior housing with 29 independent living units, common areas, and in-unit kitchenettes and bathrooms.
Where is this senior housing / retirement home located?
The property is located at 102 Floyd Street Naples, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Former Bluebonnet Elite Apartments non‑performing senior housing facility; 29 independent living units plus common areas including a lobby, admin office, laundry rooms, kitchen, and dining hall; Each resident studio is 273 SF and includes a kitchenette and bathroom
