213 Maple St Highlands, TX 77562-2569

This exceptional 24-unit senior living facility, located at 213 Maple St., Highlands, TX 77562, presents a unique investment opportunity. Situated on a wooded lot in eastern Harris County, approximately two miles north of Interstate 10, this property offers a tranquil setting with an outdoor walking trail. The building comprises 24 individual units, each pair sharing a common bathroom and shower. Shared interior common areas include a kitchen, offices, dining area, and multiple relaxation zones for residents to socialize, read, watch television, or engage in individual or group activities. Recently, eight units underwent mold remediation, meeting all industry safety standards. These eight units require refinishing (sheetrock, paint, electrical, plumbing fixtures). Current residents will vacate by the end of September, allowing a new owner to renovate and re-lease. The asking price of $1,300,000 reflects a $300,000 reduction from the average price of comparable land and buildings in the area. The property is conveniently located near Baytown (6 miles southeast) and Crosby/Kingwood (northwest). This property is being offered by a non-profit organization shifting its focus.