UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 4,838 sqft
Price per Sqft $262
Subdivision Estates Of Forest Creek Ph V
MLS Listing ID 21006130
Style Traditional,Detached
Bedrooms 8
Full Baths 5
HOA Fees $300/ann
HOA Y/N Yes
Year Built 1988
Annual Tax Amount $16,055
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Single Family Residence
Property Description
Rare investment opportunity to acquire a portfolio of six residential assisted living homes, each previously licensed for 8 private beds. These properties are bank-owned, unlicensed, but fully modified for assisted living use, offering tremendous potential for immediate re-licensure and operation.
Each home has undergone ADA-compliant renovations, including modified bathrooms and accessible living spaces. Most feature extensive remodeling, spacious communal areas, and fully integrated 13R fire sprinkler and alarm systems, meeting key safety standards for licensing.
Whether you're expanding your current operations or entering the growing assisted living market, this portfolio provides a turnkey foundation to quickly launch or scale. Pro forma financials and additional details available upon request. Contact listing agent for full offering information.
Location
State TX
County Collin
Community Sidewalks, Curbs
Direction SEE GPS
Interior
Interior Features Built-in Features, Chandelier, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
Heating Central, Electric, Natural Gas, Zoned
Cooling Central Air, Ceiling Fan(s), Electric, Multi Units, Zoned
Flooring Luxury Vinyl Plank
Fireplaces Number 3
Fireplaces Type Bedroom, Family Room, Gas Log, Living Room, Masonry
Equipment Call Listing Agent
Fireplace Yes
Window Features Bay Window(s),Skylight(s),Window Coverings
Appliance Built-In Refrigerator, Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Exterior
Exterior Feature Rain Gutters
Parking Features Alley Access, Circular Driveway, Converted Garage, Driveway
Pool None
Community Features Sidewalks, Curbs
Utilities Available Electricity Connected, Sewer Available, Water Available, Cable Available
Water Access Desc Public
Roof Type Composition
Accessibility ADA Compliant, Accessible Full Bath, Accessible Bedroom, Customized Wheelchair Accessible, Grip-Accessible Features, Accessible Approach with Ramp, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Porch Front Porch, Covered
Garage No
Building
Lot Description Back Yard, Corner Lot, Lawn, Landscaped, Subdivision, Sprinkler System, Few Trees
Dwelling Type House
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Mathews
Middle Schools Schimelpfe
High Schools Clark
School District Plano Isd
Others
HOA Name SEE AGENT
HOA Fee Include Association Management
Senior Community Yes
Tax ID R222500F01001
Security Features Fire Alarm,Fire Sprinkler System,Smoke Detector(s),Security Lights
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21006130
- Albuquerque, New Mexico
- Anaheim, California
- Atlanta, Georgia
- Austin, Texas
- Chicago, Illinois
- Colorado Springs, Colorado
- Charlotte, North Carolina
- Detroit, Michigan
- Denver, Colorado
- Houston, Texas
- Las Vegas, Nevada
- Los Angeles, California
- Milwaukee, Wisconsin
- Nashville, Tennessee
- Miami, Florida
- Minneapolis, Minnesota
- Orlando, Florida
- New Orleans, Louisiana
- Phoenix, Arizona
- Portland, Oregon
- San Diego, California
- Salt Lake City, Utah
- Seattle, Washington
- Tampa, Florida
