23164 Landrum Village DrMontgomery, TX 77316

Property Details for 23164 Landrum Village Dr

Lot size

5.36 AC

Property size (Sq ft)

17,000 SF

Property type

Retirement homes

Description

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.

Location Insight

City

Montgomery

County

Montgomery

State

Texas

Latitude

30.3433

Longitude

-95.7217

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