Good Life Senior Living & Memory Care is a fully operational 32-bed assisted living and memory care campus in Amarillo, Texas, offered by Garrett Real Estate Group. The campus is two licensed Type B buildings: 928 Westwood Drive (assisted living, built ~2008) and 922 Westwood Drive (a newer, purpose-built memory care building, ~2018), with 30 private and semi-private rooms and 32 total licensed beds across roughly 17,000 SF on about 2.155 acres.
The facility provides 24-hour staffing, medication management, and specialized dementia care, and runs on 100% private pay with no Medicaid or Medicare exposure. There is meaningful upside through census growth, and the current nonprofit operator's cost structure leaves a clear path to stronger margins for a professional operator.
Highlights: turnkey licensed operational campus; dual-service assisted living plus dedicated memory care; established Amarillo market with strong referral relationships; significant discount to replacement cost.
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.