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Terri Allen Real Estate & Property Management LLC
(M) (936) 637-3557
(O) (936) 676-0487
1020 E Denman Ave
Lufkin TX 75901
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Listing Details
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
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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