Property Details for 135 Autumn Winds Ct

Year built

2013

Lot size

25.72 lot acres

Property size

98,000 SF

Property type

Retirement homes

Property subtype

Assisted living facilities

Description

This 98,000-square-foot assisted living facility in Mineola, Texas, offers 106 units (112 beds) with a 70% occupancy rate. Built in 2013 and renovated in 2019, the single-story building sits on a 25.72-acre lot, including approximately 15 acres of adjacent developable land. The property features 82 assisted living units and 24 independent living units, and includes 67 parking spaces. Currently operating at 70% occupancy, this facility presents a significant opportunity for operational improvements and increased profitability. Located in a rapidly growing market, just 85 miles east of Dallas and 25 miles northwest of Tyler, this property benefits from strong demand in the senior living sector. The property is zoned MF-24 and is being sold as part of a bankruptcy proceeding (U.S. Bankruptcy Court Eastern District of Texas (Tyler), Petition No. 24-60336, In re: CMM Mineola, LLC). The property is a fully staffed, turnkey operation, licensed for 90 beds, offering immediate income generation and significant upside potential through operational efficiencies, expanded services, and increased bed count. The adjacent developable land provides further expansion opportunities. This is a rare opportunity to acquire a well-established assisted living facility in a high-growth area. The sale is subject to court approval and specific terms outlined in the bankruptcy proceedings.

Location Insight

City

Mineola

County

Wood

State

Texas

Longitude

-95.479

Latitude

32.6844