775 Highway 96 S - Assisted Livings FOR SALE


Silsbee, TX 77656
$2,150,000 USD
737-377-2906
775 Highway 96 S, Silsbee, TX for Sale
$2,150,000 USD
Assisted Livings - FOR SALE
1/17
null | 11.16% Cap Rate

775 Highway 96 S
Silsbee, TX 77656


HIGHLIGHTS

  • Licensed for 16 beds
  • Located 20 miles north of Beaumont, situated on 1.1 acres
  • Located 20 miles north of Beaumont, situated on 1.1 acres
  • Opportunity for expansion to increase bed count or add Alzheimer’s care
  • Excellent staff and management team willing to stay post-transition
  • Long-established business with a stellar reputation in the community

OVERVIEW

Spanish Trail Assisted Living, a licensed 16-bed Type B facility, has been serving its community since 2013 as the only assisted living provider in the area. Located just 20 miles north of Beaumont and situated on 1.1 acres, this facility boasts an excellent reputation and a long-established record with the state. The property is well-maintained, featuring amenities such as a salon and a large, fenced-in outdoor area for residents. With an outstanding staff and management team in place, the transition to new ownership will be seamless, even for absentee owners. Additionally, the property offers the potential for expansion, allowing for increased bed capacity or specialized Alzheimer’s care. This is a great opportunity to acquire a well-regarded, fully operational assisted living facility with potential for growth and expansion.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

11.16%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Southeast Texas Assisted Living Facility

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

003240-000010

ASK ABOUT THIS PROPERTY

Jason CarawayeXp CommercialMore Info
737-377-2906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jason CarawayeXp CommercialMore Info
737-377-2906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.