14522 Fm 2854 Rd Conroe, TX 77304
This licensed 16-bed Type B Assisted Living Facility in Conroe, Texas, presents a unique investment opportunity. Situated on 14.7 acres of wooded land off FM 2854, this property offers a tranquil setting for residents. The 6,500 square foot building includes a 2,000 square foot second level with two master suites, ideal for an owner or caretaker. Currently operational and profitable, the facility is conveniently located near Conroe, providing easy access to amenities and healthcare services. The expansive grounds offer significant potential for expansion, increasing capacity and revenue. This turnkey operation is well-suited for memory care or hospice services, presenting a rare chance to acquire a thriving assisted living community with substantial growth potential in a desirable location. The property is zoned for its current use and complies with all state regulations and standards. This is a fully operational business with a proven track record of profitability. The ample land provides room for future development and expansion to meet growing community needs. The property's serene setting and convenient location make it an attractive option for families seeking high-quality care for their loved ones. This is a remarkable opportunity to own and operate a successful assisted living facility in Montgomery County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.