Hot Listing

Ready To Re License! 12 Residential Group Homes! Foreclosures!!

Asking Price$1,380,000

Gross Revenue
$624,000

Net Operating Income$350,000

FF&E$50,000
Included in asking price
Building Sq. Ft.5051

Price per Sq. Ft.$273.00

FRONT VIEW
GREAT ROOM
FRONT VIEW
GREAT ROOM
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Hot Listing

Ready To Re License! 12 Residential Group Homes! Foreclosures!!


Asking Price$1,380,000

Gross Revenue
$624,000

Net Operating Income$350,000

FF&E$50,000
Included in asking price
Building Sq. Ft.5051

Price per Sq. Ft.$273.00

Property Description
PREVIOUSLY LICENSED AS ALF TYPE B -FRISCO, PLANO, DALLAS AND OTHERS
Incredible Portfolio Opportunity – Total of 12 Modified (CAN BE SOLD SEPARATE OR AS A PORTFOLIO, previously licensed Residential Assisted Living Homes, Bank Owned and Ready to Re-License! Rare investment opportunity to acquire a portfolio of 12 residential assisted living homes, each previously licensed for 8 private beds, except 2 commercial locations prev. licensed for 12 and 16 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 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. I specialize in ALF/Senior Care Properties and have several others that are off market. Please reach out and I will add you to my marketing. I do not offer free consulting, so please don't ask for private meeting.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
REMODELED IN 2022. LICENSES WERE REVOKED, PREVIOUSLY SILVER LEAF ASSISTED LIVING. NO FINANCIALS JUST PROFORMA.
Location Description
GREAT LOCATIONS ACROSS DALLAS, FRISCO, WEST PLANO, DENISON, PROSPER, AND MORE!! PRIME LOCATIONS FOR RESIDENTIAL ASSISTED LIVING BUSINESS TO BE RE STARTED!!!!
Current and Prior Use
PRIOR RESIDENTIAL ASSISTED LIVING TYPE B - 8 LICENSED BEDSCURRENTLY FORECLOSED AND READY TO RE LICENSE AS A ALF OR BOARDING HOME
Year Built
1978
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
CAN GET COMMERCIAL BANK FINANCING IN PLACE.
Current Property Expenses
0
Listing Info
ID:
2392840
Listing Views:
4753
Business Location

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Property Listed by: Aaron Morrow Coldwell Banker Apex, Realtors

Listing ID: 2392840 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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