355 Hillbend Dr - Assisted Livings FOR SALE


Keller, TX 76248
$1,064,999 USD
805-908-5431
355 Hillbend Dr, Keller, TX for Sale
$1,064,999 USD
Assisted Livings - FOR SALE
1/9
null | 7.67% Cap Rate

355 Hillbend Dr
Keller, TX 76248


OVERVIEW

Residential Assisted Living Investment Opportunity – Keller, Texas Jordan Gootkin, of Peak Commercial (CA) and Strata Commercial (TX), is pleased to exclusively market this opportunity to acquire a stabilized, limited Landlord responsibility, Type-B residential assisted living investment property in the highly desirable DFW market. This approximately 3,733 SF care home features six private resident bedrooms and four bathrooms with a functional layout designed for assisted living operations. The property is leased to an assisted living operator under a long-term lease structure with extension options and scheduled rental increases and bonus rent for additional occupancy should tenant receive city permit for 8 residents, providing stable occupancy and income potential for investors. The property has operated as a residential assisted living facility since its 2018 renovation and is licensed by both the city and state, with all inspections conducted regularly. There is no HOA. Recent capital improvements include replacement of the main HVAC unit in March 2026. The home also features a fire suppression system, large gas tankless water heater and gas stove. Offered at $1,064,999.00, the property is projected at a 7.67% cap rate, presenting an attractive passive investment opportunity within the growing senior housing sector. Located within the strong Dallas-Fort Worth market, this asset benefits from increasing demand for residential care facilities and favorable long-term demographic trends. Additional financial and property details available upon request. Please contact Jordan to learn more about this opportunity. An NDA and Proof of Funds will be required before disclosing sensitive information. Please do not disturb residents or staff at the business.

FOR SALE DETAILS

PRICE

$1,064,999 USD

PRICE/SF

$285 USD /SF

CAP RATE

7.67%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,282 SF

ZONING

-

APN/PARCEL ID

42095954

ASK ABOUT THIS PROPERTY

Jordan GootkinPeak CommercialMore Info
805-908-5431

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Jordan GootkinPeak CommercialMore Info
805-908-5431

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