Contact Information
Terri Allen Real Estate & Property Management LLC
(M) (936) 637-3557
(O) (936) 676-0487
1020 E Denman Ave
Lufkin
TX
75901
Listing Tools
Listing Details
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MLS Number:
22305311
Property Type:
Commercial Investment
List Price:
$2,050,000
Street #:
1154
Street Name:
East Loop 304
City:
Crockett
State:
TX
Zip Code:
75835
Subdivision:
Not Applicable
County:
Houston
Community:
Other
Zoning:
Nac MU Medical Use
Elementary School:
Other
Apx Acreage:
7.78
Lot Size:
Electric Company:
Oncor
Gas Type:
Natural
Apx Year Built:
1996
Apx Decade Built:
1990s
Office SqFt:
21122
Warehouse SqFt:
21122
Retail SqFt:
21122
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Total SqFt:
21122
Year Established:
1996
Business Description:
Retirement / Nursing Home
Execution Date:
AC/Ventilation:
Central Air
Existing Lease Terms:
Exterior Construction:
Heat:
Zoned
Special Features:
Lot Site Features:
On Site Buildings:
Present Use:
Other
Road Information:
Road Surface:
Roof:
Composition
Sale Includes:
Building, Business Only, Land
Type:
Medical
Electrical/Gas:
Water:
Public
Sewer:
Public Sewer
Marketing Remarks:
ENCHANTED PINES ASSISTED LIVING! Take advantage of this rare opportunity to own a welcoming Type-A assisted living facility in the heart of East Texas, centrally located between Houston and Dallas. This well-established facility boasts 34 units with historical occupancy that has been stabilized for years. Current occupancy is at 100% capacity, averaging 32-months stay per resident and has a waiting list for future residence. It staffs 16 caregivers to assist its residents, giving it a high staff-to-patient ratio. There is a security camera system to monitor for safety. Room rates vary monthly depending upon the size of each unit. The rates range from $2, 725 - $3, 150/per month and include all meals. A new roof and lighting upgrades were installed in 2020, as well as all new flooring throughout the halls and common areas of this 21, 122 sq.ft. facility. This 7.77-acre property is gated and fenced and has plenty of room for expansion of additional units.
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