11825 Bee Caves Rd | Bee Cave, TX 78738
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11825 Bee Caves Rd
Bee Cave, TX 78738
Prime Assisted Living | Appt Only Site Visits · Health Care Property For Sale · 32 Beds
Investment Highlights
- Excellent market and the operator is working toward post-Covid stabilization.
- The assisted living facility is currently 53% occupied and regarded as the premier senior living community in the Bee Cave and Lakeway area of Austin.
- Median income for ages 55-64 within a one-mile radius is $200,000, with an expected increase of 27% for residents 65-74 over the next five years.
- The annual consumer spending is over $5 billion, with health care making up over $250 million.
- A 19,532 SF 32-unit assisted living facility in the suburbs of Austin, TX.
- The current population aged 55-plus is 92,835 and is projected to grow to 113,530 by 2027.
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 32 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | B | Year Built | 1999 |
| Lot Size | 2.32 AC | Tenancy | Single |
| Building Size | 19,532 SF | Parking Ratio | 1.02/1,000 SF |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 2.32 AC |
| Building Size | 19,532 SF |
| No. Beds | 32 |
| No. Stories | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 1.02/1,000 SF |
PROPERTY TAXES
| Parcel Number | 455393 | Improvements Assessment | $3,341,489 |
| Land Assessment | $1,919,285 | Total Assessment | $5,260,774 |
PROPERTY TAXES
Parcel Number
455393
Land Assessment
$1,919,285
Improvements Assessment
$3,341,489
Total Assessment
$5,260,774
zoning
| Zoning Code | F1 (Commercial) |
| F1 (Commercial) |
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