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    Property profile & analytics
    OFF-MARKET Estimated value $760,000
    Assisted living facilities

    6420 Cypresswood Dr 30, Spring, TX 77379-8775

    21,655 SF 1.72 ac lot Built 2016
    Entity Owned 3-yr Hold Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Bellaire Senior Lodges Nursing Home
    • Frances Heimrich 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
    Free Mad Aus LLC · 3 yrs held
    Free Mad Aus LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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