16680 W Fm 2790 S, Lytle, TX 78052
- Assisted living facilities
- 4,708 SF
- 1.83 lot acres
Current Use by Public Records
- Assisted living facilities
Property Details for 16680 W Fm 2790 S
- Year built
- 2002
- Lot size
- 1.83 lot acres
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 05737-041-0088
- APU
- 57370410088
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 18, 2016 | — | Eugene L Olson | Crs Healthcare LLC | Grant Deed · related | — |
| Aug 22, 2013 | — | Crs Healthcare LLC | Olson,eugene L & Cassie L | Warranty Deed · related | — |
| Oct 27, 2010 | — | Crs Healthcare LLC | Eugene L Olson | Venders Lien | $640k · Castroville State Bank |
| Apr 30, 2007 | — | Eugene L Olson | Jesus Ibarcena | Venders Lien | $350k · Medina Valley State Bank |
| Aug 12, 2005 | — | Jesus Ibarcena | Ibarcena,elizabeth K | Quit Claim Deed · related | $259k · Financial Freedom Senior Fundi |
| — | — | Crs Healthcare LLC | — | Loan Modification · related | $476k · Castroville St Bk |
Description
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.
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Location Insight
- Map
- Local Demand
- City
- Lytle
- County
- Bexar
- State
- Texas
- Longitude
- -98.8036
- Latitude
- 29.2584
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
