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135 Autumn Winds CtMineola, TX 75773

Turnkey Senior Living Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This 98,000-square-foot assisted living facility in Mineola, Texas, offers 106 units (112 beds) with a 70% occupancy rate. Built in 2013 and renovated in 2019, the single-story building sits on a 25.72-acre lot, including approximately 15 acres of adjacent developable land. The property features 82 assisted living units and 24 independent living units, and includes 67 parking spaces. Currently operating at 70% occupancy, this facility presents a significant opportunity for operational improvements and increased profitability. Located in a rapidly growing market, just 85 miles east of Dallas and 25 miles northwest of Tyler, this property benefits from strong demand in the senior living sector. The property is zoned MF-24 and is being sold as part of a bankruptcy proceeding (U.S. Bankruptcy Court Eastern District of Texas (Tyler), Petition No. 24-60336, In re: CMM Mineola, LLC). The property is a fully staffed, turnkey operation, licensed for 90 beds, offering immediate income generation and significant upside potential through operational efficiencies, expanded services, and increased bed count. The adjacent developable land provides further expansion opportunities. This is a rare opportunity to acquire a well-established assisted living facility in a high-growth area. The sale is subject to court approval and specific terms outlined in the bankruptcy proceedings.

Highlights

  • Fully staffed, turnkey assisted living facility licensed for 90 beds, currently operating at 70% occupancy.
  • 106-unit facility comprising 82 assisted living and 24 independent living units.
  • Strategically located in a high-growth area, 85 miles east of Dallas and 25 miles northwest of Tyler, Texas.
  • Offers substantial upside potential through operational enhancements and strong market demand.
  • Situated on a 10-acre lot with an adjacent 15-acre developable parcel.

Property Details for 135 Autumn Winds Ct

Property type
Retirement homes, Assisted living facilities
Square Feet
98,000 SF
Year Built/Renovated
2013/2019
Stories
1
Lot Size (sq. ft)
1,120,363 SF
Units
106

Location Insight

City
Mineola
County
Wood
State
Texas
Latitude
32.684416094055
Longitude
-95.478949647544
135 Autumn Winds Ct, Mineola, Texas

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135 Autumn Winds Ct
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