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1.83 Acres in Lytle, TX - $3,200,000

For sale is an assisted living facility located just north of the city limits of Lytle, TX. There are a total of 16 beds (currently 100% occupied) in a 4,760 SF building on 1.83 acres. Property is not subject to any restrictions. There have been quite a few major upgrades done in the last couple years; modeled interior, new appliances, new AC system, and the roof was replaced in Oct 2018. This business has had a long history of being 100% occupied and there is also a waiting list of potential residents. Please reach out to the listing agent for any financial information on the cash flow. At the very rear of the lot (0.087 of an acre) A small portion of the property (0.087 of an acre) at the rear of the lot is designated by FEMA as Zone X (Shaded) a Non-Special Flood Hazard Area (NSFHA) of moderate flood hazard, usually the area between the limits of the 100-year and 500-year floods.

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Directions

From I35 south, exit #135 for Lucky Road and head north on Lucky until you reach Pearsall Road. Take a left and head east on Pearsall Road until it "T"'s into West FM 2790. Take a right on 2790 and the property will be on your right in 0.5 miles.

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Contact Seller
Buckhorn Realty, LLC

Kerrville, TX

(830) 229-1991

Bryan Wilson

Buckhorn Realty, LLC
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