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820 E Princeton Dr Princeton, TX 75407

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164-unit assisted living facility with medical office in Princeton, TX.

Property size:
111,560 SF

Property Features for 820 E Princeton Dr

General Information

Size
111,560 SF

Building Details

Year built
1997

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Listing Contact
Michael Kneifel
Source: Hilcorealestatesales

Listing Agent: Michael Kneifel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Assisted Living Facility with Medical Office

Villa Asuncion is an assisted living and memory care facility encompassing approximately 6.78 acres. The complex, totaling approximately 111,559 square feet, features 164 units. Constructed in 1997 and expanded around 2010, the property includes semi-private and private rooms, along with a secured memory care unit. A detached, turnkey medical office of approximately 3,000 square feet is also located on the premises. The facility offers amenities such as a chapel, library, courtyard, beauty salon, dining hall, and recreational rooms. Pet accommodations are available, and on-site nursing staff provides medical support. Previously licensed under the state of Texas for Type A and Type B assisted living, Villa Asuncion is suitable for healthcare owner-operators or redevelopment. The property is located directly across from new multifamily developments, including Southgate Apartments, Cypress Creek at Hazelwood Street, and Hazelwood Apartments. It is adjacent to Princeton High School, Lovelady High School, Clark Middle School, and Canup Early Childhood Center.
Location Intelligence

Current Use by Public Records

Dr. Eduardo G. ... Doctor Acosta And Acosta Mds Doctor

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Princeton
County
Collin
State
Texas
Longitude
-96.5158094
Latitude
33.1769309

FAQs

What type of property is this?
Assisted living facility - 164-unit assisted living facility with medical office in Princeton, TX.
Where is this assisted living facility located?
The property is located at 820 E Princeton Dr Princeton, TX.
What are key features of this property?
This property features: - Large assisted living and memory care facility featuring 164 units in a 111,559± SF complex.; - Value-add or redevelopment opportunity.; - Includes a detached turnkey 3,000± SF medical office.
More about this property
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