Exclusive Offering | Purpose-Built Assisted Living Portfolio | Houston MSA

A rare opportunity to acquire two newly constructed, purpose-built Type A assisted living facilities totaling 32 licensed beds on a single contiguous site in one of Houston's fastest-growing southern suburbs. Both buildings were delivered in 2022, are under common ownership and operations, and are being offered together as a portfolio at a price hundreds of thousands below the current combined CAD assessed value. The portfolio has demonstrated exceptional revenue growth since opening, scaling from $181K in its first year of operations to over $1.4M in 2025 as occupancy continues to build toward full stabilization — with meaningful upside remaining for an experienced operator.

Investment Highlights:
- Two purpose-built, Class A ALF buildings | 32 total licensed beds | Over 21,000 SF combined
Modern 2022 construction — no deferred maintenance, no repositioning required
- Strong revenue ramp: $181K (2023) ? $1.4M (2025) with occupancy still building
- 30-resident ProForma projects ~$486K adjusted NOI at current in-place rates — 6.9% cap rate on asking price
- Priced hundreds of thousands below 2025 CAD assessed value — immediate equity at acquisition
- Houston MSA location with strong senior housing demand fundamentals and limited new ALF supply pipeline
- Significant value-add upside through occupancy stabilization or alternative-use conversion (memory care, transitional care)