Class A Off Market Senior Living Asset For Sale By Owner

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6 years 5 months ago - 6 years 5 months ago #20655 by Chris
Exclusive offer for an Off Market Class A in Houston

Swain Investments LLC is Direct to the Owner

Class A
$13,250,000
Cap 6.5
30 units
35% Occupancy
Owner is Retiring
add value play land is titled and ready for another 30 units

I have a fully managed Class A Senior Living for Sale In Spring, TX
30 units plus the opportunity to add another 30 units bumping the value up to $28,000,000 with an estimated $3,000,000 development cost.

Owner is guaranteeing the buyers with a 95% occupancy for the first 12 months payed in buyers escrow from day 1.

Freddie Mac Financing available for the right buyer
6 years 5 months ago - 6 years 5 months ago #20655 by Chris
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6 years 4 months ago #21036 by Brice Kelso
Chris,

I work for a full service risk management and insurance brokerage firm and would love to be able to quote this for the buyers. Feel free to contact me to discuss what we do in case I can be of any help. I know that a closing that is delayed because of insurance requirements not being met is incredibly frustrating. My email is [email protected]. Hope to hear from you!
6 years 4 months ago #21036 by Brice Kelso
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6 years 4 months ago #21220 by Toth
Still available, Chris? If so, I may have a buyer! Can you kindly email me at [email protected]?

Best,
Ben
6 years 4 months ago #21220 by Toth
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5 years 9 months ago #25958 by kelli
Hello,
Has this property been sold? I am Looking for a Multi Family in Houston, Dallas and Austin.
Thanks,
Kelli
5 years 9 months ago #25958 by kelli
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4 years 9 months ago #34935 by Chris
Hello Kelli,

This property is still available with 1 offer pending. Back up deals are ok.

Thanks

Chris
4 years 9 months ago #34935 by Chris