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1154 Loop 304 E Crockett, TX 75835

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For Sale
$2,300,000

Type-A assisted living facility in East Texas with high occupancy.

Lot size:
7.78 Acres

Property Features for 1154 Loop 304 E

General Information

Standard status
Active
Lot size
7.78 Acres

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Listing Contact
Nancy Lawrence
Nancy Lawrence
Source: Exitrealty

Listing Agency: Lawrence Realty Listing Agent: Nancy Lawrence

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

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Overview

Enchanted Pines Assisted Living Facility

This is a Type-A assisted living facility located in East Texas, centrally located between Houston and Dallas. The well-established facility features 34 units and has maintained stabilized historical occupancy for years. The current occupancy is at 100% capacity, with residents staying an average of 32 months. There is a waiting list for future residents. Sixteen caregivers are on staff, providing a high staff-to-patient ratio. A security camera system is in place for monitoring and safety. Monthly room rates range from $2,725 to $3,150 and include all meals. In 2020, a new roof and lighting upgrades were installed, along with new flooring throughout the halls and common areas of the 21,122 sq.ft. facility. The 7.77-acre property is gated and fenced, offering room for expansion of additional units. The facility is located on the highly trafficked Loop 304 and is surrounded by nearby medical facilities and a hospital. The facility has consistently proven to be a cash-flowing asset.
Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Crockett
County
Houston
State
Texas
Longitude
-95.437717
Latitude
31.318248

FAQs

What type of property is this?
Assisted living facility - Type-A assisted living facility in East Texas with high occupancy.
Where is this assisted living facility located?
The property is located at 1154 Loop 304 E Crockett, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: - 100% Occupancy with a Waiting List; - Well-Established Assisted Living Facility with Stabilized Historical Occupancy; - High Staff-to-Patient Ratio (16 caregivers)
More about this property
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