23-Room Assisted Living
For Sale
$2,100,000
1945 Pennsylvania Ave, Beaumont, TX 77701
Configured for resident care with staff offices, activity areas, and operational support spaces.
Property Size14,812 SF
Days on Market48
Property Features for 1945 Pennsylvania Ave
General Information
Standard status
Active
Size
14,812 SF
Property subtype
Office - Medical Office
Amenities
shared and private baths
4 half baths
3 furnished offices
nurse station
employee break room
laundry area
beauty parlor
rehabilitation room
storage
commercial kitchen
dining area
theater room
whole-complex generator
Building Details
Building Size
14,812 SF
Buildings
2
Listing Agency:
Coldwell Banker Southern Homes
Listed By:
Tammy Tinkle
Source:
Commercialcafe
Added: Sep 2
Changed: Oct 16
Last Checked: Oct 19 at 4:29AM
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 Coldwell Banker Southern Homes
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Investment Insights
Based on property information with market context.
This 14,812-square-foot assisted living facility includes 23 resident rooms, shared and private baths, four half baths, a nurse station, three furnished offices, an employee break room, laundry facilities, a beauty parlor, rehabilitation space, and storage. A commercial kitchen contains a stainless-steel gas range and island, Motak/Sub-Zero refrigerator, and Migali three-door freezer. Dining space seats 36 across nine tables, while a theater room accommodates 14.
The property also includes a 1,152-square-foot building constructed in 2019 for additional operational and activity space. A whole-complex generator provides backup power, and furnishings, commercial appliances, and equipment are included. The existing configuration supports assisted living, residential care, or a similar operation.
The property also includes a 1,152-square-foot building constructed in 2019 for additional operational and activity space. A whole-complex generator provides backup power, and furnishings, commercial appliances, and equipment are included. The existing configuration supports assisted living, residential care, or a similar operation.
Key Highlights
- 23‑room care facility with shared and private baths plus 4 half baths
- 14,812 SF main facility with resident, staff, activity, and support areas
- Additional 1,152 sq. ft. building constructed in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,624
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,352,480
$2.4M
Cap Rate 7%
$1,680,343
$1.7M
Cap Rate 9%
$1,306,933
$1.3M
Market Conditions
NOI Build-Up for 14,812 SF
Gross rent
$227.5K $15.36/SF
− Vacancy
−$13.7K −$0.92/SF
EGI
$213.9K $14.44/SF
− OpEx
−$96.2K −$6.50/SF
NOI
$117.6K $7.94/SF
Area
Beaumont, TX
Vacancy
6.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,352,480
Cap Rate 7%
$1,680,343
Cap Rate 9%
$1,306,933
Alternative Uses
Best Use
Apartment 5plus
$1.68M
$1.47M – $1.96M
NOI $117,624 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.50M
$3.06M – $4.08M
NOI $244,860 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77701, TX
13,232
Population
5,755
Households
2.3
Avg Household Size
37
Median Age
8%
College-Educated
73%
High-School Grad
6.9 sq mi
ZIP Area
1,918
Density / Sq Mi
$48,711
Median Household Income
$31,347
Median Earnings
$952
Median Rent
$79,000
Median Home Value
Similar Off Market Nearby
- Heart to Heart Hospice — 550 Fannin St Suite 1200, Beaumont, TX 77701
Frequently Asked Questions
What type of property is this?
Assisted living facility - Configured for resident care with staff offices, activity areas, and operational support spaces.
Where is this assisted living facility located?
The property is located at 1945 Pennsylvania Ave Beaumont, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 23‑room care facility with shared and private baths plus 4 half baths; 14,812 SF main facility with resident, staff, activity, and support areas; Additional 1,152 sq. ft. building constructed in 2019
