Personalized Care Inc

122 Avenue E,
Shiner, TX 77984

 

$799,999
Price
.37
Land Acres
Assisted Living
Care Type
 
 
7
Number of Units
 
 
$799,999
Price
.37
Land Acres
Assisted Living
Care Type
 
 
7
Number of Units
 
 

Investment Highlights

  • Family Owned & Operated
  • Currently all rooms single occupied with the upside to double occupancy and revenue
  • Turn key acquisition with residents and staff in place
  • Personal Care Assistant: Trained staff available 24/7 to provide assistance with activities of daily living.
  • Healthcare Support: Established relationships with local healthcare providers and vendors to offer comprehensive medical support to residents.
  • Housekeeping and Maintenance: Regular housekeeping and maintenance services to ensure a clean and comfortable living environment for residents.

Location Highlights

  • Located on Highway 90 which runs from Houston to San Antonio parallel to I-10
  • Corner lot with room for expansion on main thoroughfare
  • Safe and peaceful neighborhood
  • Close to local attraction and amenities
  • Greater Victoria Area: Closest “Big City” is Victoria Texas with plenty of small Texas towns in close proximity

Property Overview

  • Personalized Care Inc is located in Shiner, Texas in Lavaca County
  • The facility sits on over a quarter acre or land with 7 units currently under single occupancy, and is one of two assisted living facilities in the city
  • The asset has many updates and would require little capital investment from the new owner
  • Personalized Care Inc is the ONLY licensed assisted living facility in Shiner, TX and the facility is in good standings with the State of Texas.
  • Dining Area: A spacious, inviting dining area for residents to enjoy meals together.
  • Common areas: Multiple common areas for socializing and activities.
  • Outdoor Spaces: Front patio, covered back porch and spacious yard for gardening and allowing residents to relax and enjoy the outdoors.
  • Social Programs: Diverse range of programs and activities tailored to residents’ interests and abilities.
  • Property has Generac generator for back up power supply in the even of power loss.

Financial Overview

  • The facility currently receives $3500 per month per resident for singe occupancy rooms
  • Gross annual revenue for 100% occupancy could be up up $296,000
  • New residents are currently being added to the facility and current residents have been there long term with no plans to relocate
  • The major upside for the new owner would be to run the facility at max occupancy with 15 bed ($630,000 potential gross annual revenue) and the potential to add on units in the back yard to grow the facility.

City of Shiner

  • Shiner Texas is located in Lavaca County off of Highway 90 half was between Houston and San Antonio
  • Shiner Texas has a population of just over 2100 Texas residents
  • Aside from Personalized Care Inc Shiner, TX is home to the world famous Shiner Bock Brewery, The Spoetzl Brewery, The Gaslight Theatre, Green-Dickson Municipal Park, Cigar Factory & Green Cabin Museums, Howard’s Convenience Store and numerous other small town Texas gems

Hospital

  • Yoakum Community Hospital - 10 Miles (Yoakum, TX)
  • Lavaca Medical Center - 15 Miles (Halletsville, TX)
  • Citizens Medical Center - 50 Miles (Victoria, TX)
  • MD Anderson - 126 Miles (Houston, TX)
  • Gonzalez Memorial Hospital - 22 Miles (Gonzalez, TX)
FOR MORE DETAILS CONTACT
Noble Smith
(512) 354-2524
Noble@NobleSmithRealty.com