23164 Landrum Village DrMontgomery, TX 77316

This exceptional investment opportunity presents two fully licensed, 16-bed assisted living facilities situated on 5.36 acres in rapidly growing Montgomery County, Texas. The property, totaling 17,000 square feet, underwent renovations in 2024 and boasts a prime location with easy access to local amenities. Originally built in 1967 with additions in 2007, the facilities are currently operational and offer a comfortable and supportive living environment for residents. The expansive grounds provide ample outdoor space. This turn-key operation is ideal for investors seeking a stable, high-demand asset in the senior care industry, offering significant growth potential within a thriving community. The asking price is $2,900,000, translating to $170.59 per square foot. The property is licensed for hospice, rehabilitation, and memory care, among other services, providing diverse revenue streams and operational flexibility. This is a rare opportunity to acquire a well-established, profitable business in a desirable market. The facilities are move-in ready for new owners and residents, ensuring a seamless transition.