830 E Princeton Dr Princeton, TX 75407

This exceptional 111,559 square foot healthcare facility, situated on 6.78 acres in Princeton, Texas, presents a compelling investment opportunity. The property, comprised of two buildings, includes 164 beds previously licensed for Type A and Type B assisted living in Texas. Originally constructed in 1997 with significant renovations completed between 2008-2010 and 2020-2022, the complex offers a range of amenities including semi-private and private rooms, a secured memory care unit, a detached 3,000 square foot medical office building, a chapel, library, courtyard, beauty salon, dining hall, and recreational rooms. Pet accommodations and on-site nursing staff support are also available. The property is zoned C-2 and is conveniently located within the Dallas-Fort Worth metroplex, just 45 miles northeast of Dallas and eight miles east of McKinney. Its proximity to major healthcare providers such as Baylor Scott & White Medical Center and Medical City McKinney enhances its appeal. The property's location in a growing community, adjacent to several schools, and across from new multifamily developments, further strengthens its investment potential. The significant demand for senior living facilities, driven by the aging population and limited new construction, positions this property for substantial future growth. A bid deadline of December 12th at 5:00 PM CT is in place. On-site inspections are available by appointment only on November 13th, 20th, and December 4th.