REO Sale: Reserve at Pearland

Highlights:

• 84-Unit Assisted Living & Memory Care Community: Purpose-built in 2009 with 108 licensed beds, designed to serve a continuum of assisted living and memory care residents.
• Significant Value-Add Opportunity: Currently 48% occupied, offering substantial upside through lease-up, operational enhancements, and market repositioning.
• Modern Construction: 64,290 SF facility featuring durable finishes and a functional layout suitable for scalable senior housing operations.
• Efficient Climate Control: Forced-air HVAC systems in common areas complemented by PTAC units in residential suites, supporting resident comfort and energy efficiency.
• Resident-Focused Amenities: Includes a commercial kitchen, dining room, salon, laundry facilities, and ample common areas, consistent with institutional-quality senior housing design.
• Strategic Houston Location: Situated within a strong Houston-area submarket with favorable demographics, convenient access to major thoroughfares, and proximity to medical services and retail amenities.

Description:

Ri Marketplace Online Auction March 9th-11th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3014/reo-sale-reserve-at-pearland?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=seniorhousing_3014

SVN | Senior Living Advisors, in conjunction with RealINSIGHT Marketplace, is pleased to present the opportunity to acquire a purpose-built assisted living and memory care community located in the Greater Houston MSA. The Property consists of 84 units with 108 licensed beds, situated within a two-story, 64,290-square-foot residential care facility. Originally constructed in 2009, the community is licensed to provide assisted living and memory care services and is currently 53.8% occupied, offering meaningful upside through lease-up and operational improvements.

The Property features a full complement of resident-focused amenities, including a decorated lobby, dining room, commercial kitchen, commercial laundry facilities, and a landscaped courtyard designed to support resident engagement and quality of life. The building is of wood-frame construction with brick exterior, a pitched asphalt shingle roof, and is equipped with forced-air HVAC in common areas and PTAC units in the residential suites, supporting efficient climate control throughout the community.

Strategically located within a growing senior housing corridor south of Houston, the Property benefits from convenient access to major regional thoroughfares, nearby medical facilities, and a strong surrounding residential base. Licensed as a Type B Assisted Living Facility with an Alzheimer’s Certificate by the Texas Health and Human Services Commission, The Property presents a compelling value-add investment opportunity for operators and investors seeking to reposition a well-constructed senior housing asset in a demographically favorable Texas market.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: