2601 Tandy Ave Fort Worth, TX 76103-2552

This exceptional 69,454 square foot assisted living facility, situated on 3.6 acres in Fort Worth, Texas, presents a compelling investment opportunity. Built in 1982 and renovated in 2015, the property features two buildings encompassing 80 units with a total of 160 beds (40 semi-private and 40 private). The facility is currently vacant but holds a license for 160 beds, offering significant upside potential for expansion of services, increasing bed count, and aesthetic improvements. Pre-pandemic occupancy reached 88%, demonstrating strong historical performance. Recent renovations include a new roof, upgraded flooring, and an expanded walk-in freezer. Conveniently located at 2601 Tandy Ave, Fort Worth, TX 76103, this property benefits from its proximity to downtown Fort Worth (4 miles east) and a thriving job market fueled by major employers in Tarrant County. The property is zoned CF and includes resident amenities such as a lounge, dining area, commercial kitchen, offices, game room, and chapel. The significant growth of the senior population in the area, coupled with a post-pandemic shortage of senior housing, creates a strong demand for this type of facility. This turnkey asset is ideally suited for an owner-operator or investor seeking to capitalize on the burgeoning senior living market in a rapidly growing Texas city.