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Property profile & analytics
OFF-MARKET
Retirement homes

9004 Wildridge Dr Austin, TX 78759

3,537 SF 0.25 ac lot Built 1977
Property ID
US82-1620338
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retirement homes
Year built 1977
Total area 3,537 SF
Lot 0.25 ac (10,890 SF)
UPID US82-1620338
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
  • Silverleaf Eldercare at The Arboretum Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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