Two-Phase Senior Housing
12420 Bellaire Blvd Houston, TX 77072
12420 Bellaire Blvd, Houston, TX, 77072
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For Sale
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Pending
Two-phase senior housing campus with 264 units, including a non-operational Phase 1 and a near-complete Phase 2.
Days on Market103
Property Features for 12420 Bellaire Blvd
General Information
- Standard status
- Pending
- Property subtype
- Multifamily, Senior Living
Listing agency
BWE Investment Sales
(972) 960-1222
Listed by
Charles Bissell · License #TX 334485
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 3:35AM Checked: Jul 21 at 3:35AM
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Investment Insights
Based on property information with market context.
Jones Lang LaSalle (JLL) presents a two-phase senior housing campus totaling 264 units on a 5.5-acre site. Phase 1 was built as an assisted living and memory care building with 119 rentable units; it was competed in 2020, operated for a brief time, and is currently non-operational.
Phase 2 includes a 145-unit building designed for active adult or independent living and is nearing final completion, with a certificate of occupancy expected within the near term. With both buildings currently non-operational, buyers have flexibility in how to market and operate the property, with potential uses identified in the offering that include multi-family, active adult, assisted living, memory care, and behavioral health.
The seller prefers to sell both phases to a single buyer, but will also consider offers for only one of the two phases.
Phase 2 includes a 145-unit building designed for active adult or independent living and is nearing final completion, with a certificate of occupancy expected within the near term. With both buildings currently non-operational, buyers have flexibility in how to market and operate the property, with potential uses identified in the offering that include multi-family, active adult, assisted living, memory care, and behavioral health.
The seller prefers to sell both phases to a single buyer, but will also consider offers for only one of the two phases.
Key Highlights
- Two‑phase senior housing campus in Houston, TX totaling 264 units on a 5.5‑acre site
- Phase 1: 119 rentable units built as assisted living and memory care; completed in 2020 and currently non‑operational
- Phase 2: 145‑unit building designed for active adult or independent living; nearing final completion
Property Analytics
Location Intelligence
Current Use by Public Records
Assisted living facilities
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FAQs
What type of property is this?
Assisted living facility - Two-phase senior housing campus with 264 units, including a non-operational Phase 1 and a near-complete Phase 2.
Where is this assisted living facility located?
The property is located at 12420 Bellaire Blvd Houston, TX.
What are key features of this property?
This property features: Two‑phase senior housing campus in Houston, TX totaling 264 units on a 5.5‑acre site; Phase 1: 119 rentable units built as assisted living and memory care; completed in 2020 and currently non‑operational; Phase 2: 145‑unit building designed for active adult or independent living; nearing final completion