16680 W Fm 2790 S Lytle, TX 78052
For Sale
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Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Lytle market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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