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.