8 Beds
5 Baths
4,025 SqFt
8 Beds
5 Baths
4,025 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 4,025 sqft
Subdivision Oak Creek Estates
MLS Listing ID 21006157
Bedrooms 8
Full Baths 4
Half Baths 1
HOA Fees $300/ann
HOA Y/N Mandatory
Year Built 1991
Annual Tax Amount $10,927
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Single Family Residence
Property Description
BankOwned and Ready to Re-License! Rare investment opportunity to acquire a portfolio of six residential assisted
living homes, each previously licensed for 8 private 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 13R 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.
Location
State TX
County Collin
Direction SEE GPS
Rooms
Dining Room 1
Interior
Interior Features Built-in Features, Cable TV Available, Chandelier, Flat Screen Wiring, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric, Fireplace(s), Zoned
Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Wall Unit(s), Zoned
Flooring Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Brick, Gas Logs
Appliance Dishwasher, Electric Oven
Heat Source Central, Electric, Fireplace(s), Zoned
Laundry Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
Exterior
Exterior Feature Covered Patio/Porch, Rain Gutters
Fence Back Yard, Fenced, Wood
Utilities Available Alley, Cable Available, City Sewer, City Water, Electricity Connected, Sidewalk, Underground Utilities
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Bath - Full, Accessible Bedroom, Accessible Doors, Accessible Grip, Accessible Hallway(s), Customized Wheelchair Accessible
Garage No
Building
Lot Description Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass
Story One
Level or Stories One
Structure Type Brick,Siding
Schools
Elementary Schools Carlisle
Middle Schools Schimelpfe
High Schools Clark
School District Plano Isd
Others
Senior Community 1
Acceptable Financing 1031 Exchange, Cash, Conventional, Private Financing Available, Other
Listing Terms 1031 Exchange, Cash, Conventional, Private Financing Available, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21006157
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Broker-Associate | Lic# 0625547