Sixteen Suite Assisted Living & Memory Care Boutique Home in Houston
| Asking Price: | $2,450,000 |
| Gross Revenue: | $1,080,000 |
| EBITDA: | $325,000 |
| Real Estate: | $2,700,000 |
| Cash Flow: | $325,000 |
| Inventory: | $10,000 |
| FF&E: | $100,000 |
| Established Year: | 2022 |
Beautiful Secured AL and MC property in Copperfield, Houston
Located in the Houston suburbs; a former Autumn Grove 16 Suite property in fabulous condition and ready for its next owner. We have decided to focus on our North Texas properties and list this property for sale. We are asking $2.45 million. We acquired two properties out of Bankruptcy and spent over a year preparing them for licensing. The property had zero occupancy at the time of acquisition. The property is fully licensed as Class B Small Assisted Living with Alzheimer's certification. These are well designed and spacious properties. The property appraised in excess of $3,000,000. The EBITDA is projected to be approx. $325,000 property once stabilized.
8524 Copperbrook Drive, Houston, Texas 77095
BUSINESS LOCATION
