Turnkey, 60-Unit Assisted Living Facility

4607 E California Pkwy, Forest Hill, TX

Market Price

Price

27,832 sqft

Building Size

2.02 acres

Lot Area

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Street
Map
Overview
Building Size
27,832 sqft
Lot Area
2.02 acres
Year Built
1971
Floors
1
Parking Spots
31
Description

Vincent Victory Village is a well-located turnkey assisted living facility in the south suburbs of Fort Worth, providing easy access to downtown and the surrounding communities via I-20/I-820. This well-maintained building features two interior courtyards, administrative offices, welcome lobby and reception desk, commercial kitchen, dining room and a laundry room with washers and dryers. With a current occupancy rate of over 90%, this property offers investors the opportunity for significant long-term growth in a thriving market. Adding to its appeal, the site is zoned to allow multifamily development enhancing its investment option.

Set in Fort Worth, Texas, these properties benefit from the city’s status as the nation’s thirteenth largest city and its rapid growth between 2010 and 2020. Situated in the larger Tarrant County, this region has drawn in major regional and national employers including Fortune 500 companies like AMR Corporation - American Airlines (24,700), Bank of America (20,000), Texas Health Resources Inc. (19,230), Baylor Scott & White All Saints Medical Center — Fort Worth (17,097), AT&T (15,800), Lockheed Martin Aeronautics Co. (14,126) and JPMorgan Chase & Co. (13,500). With these employment opportunities, it has driven the city’s population to nearly one million, with an anticipated annual growth rate of 1.2% until 2027.

Highlights
  • Fully staffed facility with 90% occupancy
  • 15 semi-private rooms & 65 private rooms
  • Prime I-20/I-820 location
  • Less than 10 miles southeast of downtown Ft. Worth
  • Amenities include: fully gated perimeter, two interior courtyards, administrative offices, commercial kitchen, dining & activity areas
Documents
Location
Gallery