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6420 Cypresswood Dr 30 Spring, TX 77379-8775

OFF-MARKET Assisted living facilities Google Maps
21,655 SF 1.72 ac lot Built 2016
Entity Owned 3-yr Hold Free & Clear
Estimated value (blended)
$760k
Range $684k – $836k (±10%)
Property ID US83-1090714

Property summary

AI-generated overview

Exceptional opportunity to acquire a meticulously maintained, Class A assisted living facility in Spring, Texas. Located just off Highway 249 in the Spring/Cypress area, this property offers 30 spacious ensuite rooms, with the potential to accommodate up to 60 beds. Each room is thoughtfully designed with its own fully ADA-compliant restroom, ensuring convenience and accessibility for all residents. Built within the last 10 years, this modern facility presents a rare opportunity for investors seeking a turnkey operation in a high-demand market. The property is situated at 6420 Cypresswood Dr, Spring, TX 77379, within Harris County. The asking price for this exceptional investment is $6,750,000. This turnkey operation offers significant potential for growth and profitability in the thriving assisted living sector. The property's prime location and modern amenities make it an attractive option for both residents and investors. The building's design and features ensure a comfortable and safe environment for residents, while its strategic location provides easy access to essential services and amenities. This is a truly remarkable opportunity to acquire a high-quality assisted living facility in a rapidly growing market.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2016
Construction FRAME
Total area 21,655 SF
Lot 1.72 ac (75,080 SF)
APN 1370080010002
UPID US83-1090714

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home
  • Home Health Care Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$752k
Blend (final) Blend
$760k

Owner & transaction history

since 2022
1 recorded transaction
2022
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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