Senior Housing Retirement
For Sale
Contact for pricing
9202 ASHVILLE DR, Houston, TX 77051
For sale senior housing healthcare property at 9202 Ashville Dr with 3,732 square feet of facility space.
Property Size3,732 SF
Price / SF$241.16
Days on Market148
Property Features for 9202 ASHVILLE DR
General Information
Standard status
Active
Size
3,732 SF
Class
C
Property subtype
Hospitality, Land, Senior Living
Zoning
Commercial
Building Details
Year Built
2009
Buildings
2
Units
3
Listing Agency:
Guillory Real Estate Group
Listed By:
Keith Guillory · License #TX
(713) 927-5113
Source:
Crexi
Added: May 28
Changed: Oct 21
Last Checked: Oct 20 at 7:04PM
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 Guillory Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is a senior housing and retirement facility classified as a healthcare property. The property is listed for sale and consists of 3,732 square feet of facility space, suitable for an operator looking for an established senior-focused healthcare environment. The listing information provided focuses on the asset type and overall size of the building.
The property is located at 9202 Ashville Dr in Houston, Texas. As presented, the available details do not specify additional site characteristics such as frontage, access features, interior layout specifics, or on-site amenities. Prospective buyers should confirm all operational and building specifics directly during due diligence.
From a tenant and operator fit perspective, the property’s classification as senior housing and a retirement home supports use by organizations serving an older adult population within a healthcare context. If you are evaluating a purchase, it will be important to review the facility’s existing configuration and suitability for your staffing and resident-care model, along with any permitting and regulatory requirements tied to senior housing operations. This listing provides a straightforward basis to begin underwriting and feasibility review for a senior-focused healthcare facility in Houston.
The property is located at 9202 Ashville Dr in Houston, Texas. As presented, the available details do not specify additional site characteristics such as frontage, access features, interior layout specifics, or on-site amenities. Prospective buyers should confirm all operational and building specifics directly during due diligence.
From a tenant and operator fit perspective, the property’s classification as senior housing and a retirement home supports use by organizations serving an older adult population within a healthcare context. If you are evaluating a purchase, it will be important to review the facility’s existing configuration and suitability for your staffing and resident-care model, along with any permitting and regulatory requirements tied to senior housing operations. This listing provides a straightforward basis to begin underwriting and feasibility review for a senior-focused healthcare facility in Houston.
Key Highlights
- Senior housing/healthcare property built in 2009
- 3,732 sq ft of facility space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,280
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,600
$845.6K
Cap Rate 7%
$604,000
$604.0K
Cap Rate 9%
$469,778
$469.8K
Market Conditions
NOI Build-Up for 3,732 SF
Gross rent
$82.0K $21.96/SF
− Vacancy
−$5.1K −$1.36/SF
EGI
$76.9K $20.60/SF
− OpEx
−$34.6K −$9.27/SF
NOI
$42.3K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,600
Cap Rate 7%
$604,000
Cap Rate 9%
$469,778
Alternative Uses
Best Use
Apartment 5plus
$604.0K
$528.5K – $704.7K
NOI $42,280 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$959.7K
$839.7K – $1.12M
NOI $67,176 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - For sale senior housing healthcare property at 9202 Ashville Dr with 3,732 square feet of facility space.
Where is this senior housing / retirement home located?
The property is located at 9202 ASHVILLE DR Houston, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Senior housing/healthcare property built in 2009; 3,732 sq ft of facility space
