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16680 W Fm 2790 S Lytle, TX 78052

Assisted living facilities Google Maps
4,708 SF 1.83 ac lot Built 2002
Individually Owned 10-yr Hold Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US82-3302535

Property summary

AI-generated overview

This exceptional assisted living facility, situated just north of Lytle, Texas, presents a lucrative investment opportunity. The 4,708 square foot building sits on a spacious 1.83-acre lot and boasts 16 beds, all currently occupied, demonstrating consistent high demand and a proven track record of success. Recent significant upgrades enhance the property's value and appeal, including a stylish interior remodel, new appliances, a brand-new air conditioning system, and a roof replacement completed in October 2018. The facility's consistent 100% occupancy rate is further bolstered by a waiting list of prospective residents, indicating strong future potential. Financial information regarding cash flow is available upon request. The property is not subject to any restrictive covenants. A small, 0.087-acre portion at the rear of the lot is designated by FEMA as Zone X (shaded), a Non-Special Flood Hazard Area (NSFHA) of moderate flood hazard, typically the area between the 100-year and 500-year floodplains. This well-maintained and highly profitable assisted living facility offers a rare chance to acquire a turnkey operation with significant growth potential in a desirable location. The property is priced at $4,700,000.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2002
Total area 4,708 SF
Lot 1.83 ac (79,584 SF)
APN 05737-041-0088
UPID US82-3302535

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2016
6 recorded transactions
2016
Price N/A
2013
Price N/A
2010
Price N/A
2007
Price N/A
2005
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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