9004 Wildridge Dr Austin, TX 78759
This exceptional investment opportunity presents a 3,537 square foot, fully occupied senior living facility in Austin, Texas. Located at 9004 Wildridge Dr, 78759, this 12-bed ElderCare facility sits on a 0.25-acre lot and boasts a strong financial profile. Built in 1977, the property is currently operating at 100% occupancy, generating a substantial Net Operating Income (NOI) of $147,402 annually, representing an attractive 8.00% cap rate. The asking price is $1,842,525, translating to $520.93 per square foot. The property is subject to a 20-year Triple Net (NNN) lease with annual rent increases of 3.00%, ensuring consistent and growing income. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location with significant long-term potential. The property's strong occupancy rate and favorable lease terms make it an ideal investment for those seeking a secure and profitable addition to their portfolio. The location in Austin, Texas, offers access to a growing population and strong demand for senior living services. This is a turnkey operation ready for immediate income generation.
-
Silverleaf Eldercare at The Arboretum Nursing Home Retirement Community
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.