Assisted Living-Class B-10 Bed Fully Furnished Facility

Asking Price$650,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.2986

Price per Sq. Ft.$217.00

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Assisted Living-Class B-10 Bed Fully Furnished Facility


Asking Price$650,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.2986

Price per Sq. Ft.$217.00


Seller Financing Available
Property Description
TURNKEY ASSISTED LIVING REAL ESTATE OPPORTUNITY

Prestigious Kingwood Location - Fully Furnished 10-Bed Type B Personal Care Facility

Property Overview:
• 2,986 sq ft single-family home converted to assisted living facility
• 7 bedrooms, 4 full baths, 4 half baths
• Built in 1973, fully furnished and move-in ready
• Located at 1930 River Falls Dr, Kingwood, Texas 77339
• Asking Price: $650,000 ($217/sq ft)

Financial Performance:
• Current annual revenue: $500,000
• Annual property taxes: $10,197
• HOA fees: $465 annually
• Strong revenue-generating asset in established market

Key Investment Features:
• Type B licensed personal care group home
• Turnkey operation ready for immediate occupancy
• Located in prestigious Kingwood community
• Proven track record as successful 10-bed assisted living facility
• Flexible financing options including seller financing available

Property Advantages:
• Fully furnished - no additional equipment investment required
• Established facility with operational history
• Prime location in desirable Harris County area
• Suitable for operators, investors, or entrepreneurs
• Growing home health care industry with aging population demographics

Financing:
• Conventional and seller financing options available
• Flexible terms to qualified buyers

Reason for Sale:
• Owner diversifying into different business ventures
• Excellent opportunity for new operator to acquire established facility

This rare offering provides immediate entry into the lucrative assisted living market with an established, revenue-generating property in one of Houston's most desirable communities. The facility's Type B designation and proven operational success make this an ideal investment for those seeking stable returns in the growing senior care sector.

Contact for additional details and private showing arrangements.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
This is a fully furnished property is an established Type B,10-bed personal care group home,offering a rare turnkey opportunity for operators, investors, or entrepreneurs interested in the assisted living industry. The home has all essential life-safety systems in place, including a full fire-sprinkler system, and complies with fire marshal standards. It meets annual inspection codes,and all state-required safety and operational tests have already been completed. Bathrooms were also updated to meet accessibility standards
Location Description
1930 River Falls Dr-Kingwood-Texas-77339
Current and Prior Use
This is a fully furnished property is an established Type B,10-bed personal care group home,offering a rare turnkey opportunity for operators, investors, or entrepreneurs interested in the assisted living industry.
Year Built
1973
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Convention+ Seller's Financing
Current Property Expenses
Yearly Taxes-$10,197HOA-$465 Anually
Listing Info
ID:
2469449
Listing Views:
Attached DocumentsAttachment Disclaimer

flyer-95303828-14 (1).pdf

Business Location

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Property Listed by: Rashmi Gupta

Listing ID: 2469449 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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