4607 E California Pkwy, Forest Hill, TX 76119

Vincent Victoria Assisted Living is a turnkey, 60-unit assisted living facility located in the south suburbs of Fort Worth, Texas, providing access to downtown and surrounding communities via I-20/I-820. The well-maintained building features two interior courtyards, administrative offices, a welcome lobby and reception desk, a commercial kitchen, a dining room, and a laundry room with washers and dryers. The property has a current occupancy rate of over 90%. The site is zoned to allow multifamily development. Fort Worth is the nation’s thirteenth largest city, experiencing rapid growth between 2010 and 2020. Tarrant County has drawn in major regional and national employers including Fortune 500 companies. The city's population is nearly one million, with an anticipated annual growth rate of 1.2% until 2027. The senior housing market is expected to grow over the next decade, driven by the aging population. The population of Americans aged 75 and older increased from 18.5 million in 2010 to 24.4 million in 2023, with a similar trend observed in the 85 and older demographic, rising from 5.5 million to 6.9 million during the same period. Demand for assisted living is expected to increase, with Sun Belt markets experiencing the most growth. Construction of new senior housing facilities declined significantly after the COVID-19 pandemic, causing demand to exceed supply.