806-544-7343
1906 Martha Ann Blvd, Snyder, TX for Sale
Assisted Livings - FOR SALE
1/5
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1906 Martha Ann Blvd
Snyder, TX 79549


HIGHLIGHTS

  • Fully operational assisted living and memory care campus
  • 48 licensed beds in three buildings on about 5 acres
  • 100% private pay resident base
  • Assumable HUD financing at 2.85%
  • Adjacent to Cogdell Memorial Hospital

OVERVIEW

Good Life Senior Living & Memory Care is a fully operational 48-bed assisted living and memory care campus at 1906 Martha Ann Boulevard in Snyder, Texas, offered by Garrett Real Estate Group. The campus is three residential-style buildings on about 5 acres, roughly 25,468 SF, built in 2011 with a later expansion, licensed for 48 total beds (32 assisted living and 16 memory care). The property sits directly adjacent to Cogdell Memorial Hospital and operates on 100% private pay with no Medicaid or Medicare exposure, providing 24-hour staffing, medication management, and specialized dementia care. It is the only dedicated assisted living and memory care campus serving the Snyder and Scurry County trade area. A key advantage is the existing HUD-insured loan at approximately 2.85% fixed, which is assumable subject to HUD approval, a rate well below today's market. There is clear operational upside for a professional operator, plus census growth potential. Highlights: turnkey licensed operational campus; assumable low-rate HUD debt; only AL/MC provider in the local trade area; adjacent to the regional hospital; 100% private pay. Full offering memorandum with financials available on request. Price negotiable, contact broker. Houston Garrett, Garrett Real Estate Group at Keller Williams Realty, (806) 544-7343, houston@garrettguarantee.com.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.03 AC

LAND SF

219,107 SF

ZONING

-

APN/PARCEL ID

164620

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Houston GarrettKeller Williams RealtyMore Info
806-544-7343

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Houston GarrettKeller Williams RealtyMore Info
806-544-7343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.