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    Type-B Assisted Living Facility Title is generated by Realmo AI

    1601 Broadway, Galveston, TX 77550

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    9,204 SF facility with 14-bedroom configuration and 16-patient licensed capacity, expanded in 2025 for flexible resident programming.

    Type:Senior Living
    Property size:
    9,204 SF
    Price / SF:
    $325/SF
    Added:
    Jun 10, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 20 at 5:54 am

    Property Features for 1601 Broadway

    General Information

    Standard status
    Active
    Size
    9,204 SF
    Property subtype
    Senior Living

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    Listing Contact
    Robert Johnson
    Robert Johnson

    Listing agent Robert Johnson License #TX 731109

    Listing office Century 21 Olympian Area Specialists

    Listing date Jun 10, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Olympian Area Specialists

    HighLights

    • 9,204 SF Type‑B assisted living facility in Galveston, TX with 14 bedrooms and 16‑patient licensed capacity
    • Expanded in 2025 with a 9‑room expansion, increasing configuration from 5 bedrooms to 14 bedrooms/16‑patient capacity
    • Horseshoe layout with two symmetric 3,208 SF wings and a renovated 2,788 SF center (former garage conversion) for common, dining, and admin use
    • 2025 rent roll private‑pay rates of $3,200 to $6,500/month; 7‑resident weighted average of $4,978 per occupied bed
    • Post‑construction rate structure at $5,500/month per single‑occupancy bedroom plus a $4,000 admission fee on new signups
    • Offered at $2,999,000 with a 10.7% implied cap rate on stabilized NOI of $320,918

    Overview

    Autumn Springs Assisted Living is a 9,204 SF Type-B assisted living facility configured for 14 bedrooms and 16-patient licensed capacity. The building uses a horseshoe-shaped plan with two symmetric 3,208 SF wings flanking a renovated 2,788 SF center section, which was previously a garage conversion. The center section supports common-space functions including dining and administrative areas, while the wings can accommodate operational segmentation such as memory care, gender-separated wings, or differentiated acuity tiers. A 9-room expansion completed in 2025 increased the facility from 5 bedrooms to the current 14-bedroom configuration.

    The property is located at 1601 Broadway in Galveston, Texas. It sits in the Houston–The Woodlands–Sugar Land MSA and is described as being proximate to the University of Texas Medical Branch (UTMB) and the region’s healthcare infrastructure.

    This offering is positioned as a value-add acquisition for an experienced Texas Type-B operator, with the HHSC license noted as buyer-applied. The materials reference a route for qualified operators under 26 TAC § 55.3.25 Good Standing fast-track, which is described as enabling licensure in approximately 3–6 months after qualification. The current configuration is designed to support resident grouping strategies across the wings, with the center serving shared functions to support daily operations.
    Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Regent Care Center — 2302 Postoffice St # 402, Galveston, TX 77550
    • Autumn Springs Home Care Communities Galveston — 1601 Broadway Avenue J, Galveston, TX 77550

    Location Insight

    • Map
    • Local Demand
    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -94.7841327
    Latitude
    29.3017576

    FAQs

    What type of property is this?
    Assisted living facility - 9,204 SF facility with 14-bedroom configuration and 16-patient licensed capacity, expanded in 2025 for flexible resident programming.
    Where is this assisted living facility located?
    The property is located at 1601 Broadway Galveston, TX.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: 9,204 SF Type‑B assisted living facility in Galveston, TX with 14 bedrooms and 16‑patient licensed capacity; Expanded in 2025 with a 9‑room expansion, increasing configuration from 5 bedrooms to 14 bedrooms/16‑patient capacity; Horseshoe layout with two symmetric 3,208 SF wings and a renovated 2,788 SF center (former garage conversion) for common, dining, and admin use
    (225) 615-8055 Call to check price and availability
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