1110 Lakeview DrSugar Land, TX 77478

Property Details for 1110 Lakeview Dr

Year built

2019

Lot size

3.44 AC

Property size (Sq ft)

10,395 SF

Property type

Commercial real estate

APN

0015-00-000-2051-907

APU

15000002051907

Description

This exceptional 56-unit assisted living facility, built in 2015, presents a compelling investment opportunity. Situated on a 3.44-acre lot in Sugar Land, Texas (77478), at 1110 Lakeview Dr, this property boasts a current occupancy rate of 85%. The facility offers a comprehensive range of services, including assisted living, memory care, hospice care, respite care, and disability care, providing a continuum of care for residents. Its customized memory care program features a warm, home-like setting with a high staff-to-resident ratio. The beautifully landscaped grounds create a serene environment. Experienced management, led by a seasoned executive director with expertise in social work and gerontology, ensures high-quality care and administration. Residents can age in place, eliminating the need for future relocations. This well-maintained property offers significant expansion potential and is ideally suited for investors seeking a stable, profitable venture in the senior care industry or operators looking to expand their portfolio. The property's prime location in the thriving Missouri City/Sugar Land area of Southwest Houston further enhances its appeal. This is a turnkey operation with a proven track record of success.

• Alternative Use

  Use

  Valuation

  Residential

  $2,436,787

  Hospitality

  $2,232,084

  Educational

  $1,857,067

  Medical

  $1,920,935

  Retail

  $2,888,772

Location Insight

City

Sugar Land

County

Fort Bend

State

Texas

Latitude

29.6268

Longitude

-95.6161

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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