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1270 CR 2293 - Senior Living Opportunity Underserved Market 7,002 SF Health Care Building Offered at $900,000 at a 12.80% Cap Rate in Cleveland, TX 77327
Investment Highlights
- Very Quiet, private area
- Excellent Floor Plan
- Plenty of Space
Executive Summary
Within a 20–30 mile radius, you have over 10,000 seniors today and a growing pipeline behind them. Despite that demand, there are limited nearby care options, which creates a supply gap. This facility is positioned to capture both current need and future growth in an underserved rural market.
This Property is built for one of several types of Texas Assisted Living Facilities Type A /B. 11 Rooms and can accomodate the allowed residents for the facility. See the FLOOR PLAN available. Several Rooms can have 2 or 3 beds. All bathrooms are commercially approved for these types of facilities and wheelchair access. This Facility is set in a country style location only several miles from major highways. Excellent Value Add Opportunity for the right Care Facility looking to expand in area of need.Check out the video for a walk through. A retreat-style senior living experience outside the congestion of the city.
Peaceful, low-stress environment ? ideal for seniors with anxiety, dementia, or recovery needs
Cleaner air, less noise, less traffic ? health & wellness benefit
Privacy and dignity ? no crowded urban feel.
No immediate competitors = captured local demand
Families in Cleveland, Splendora, New Caney, and rural Liberty County have limited options
Nearest facilities are often 20–40+ minutes away.
Translates into:
Higher occupancy potential
Less price pressure
Stronger margins
Close enough to the city for access, far enough for quality of life.
This Property is built for one of several types of Texas Assisted Living Facilities Type A /B. 11 Rooms and can accomodate the allowed residents for the facility. See the FLOOR PLAN available. Several Rooms can have 2 or 3 beds. All bathrooms are commercially approved for these types of facilities and wheelchair access. This Facility is set in a country style location only several miles from major highways. Excellent Value Add Opportunity for the right Care Facility looking to expand in area of need.Check out the video for a walk through. A retreat-style senior living experience outside the congestion of the city.
Peaceful, low-stress environment ? ideal for seniors with anxiety, dementia, or recovery needs
Cleaner air, less noise, less traffic ? health & wellness benefit
Privacy and dignity ? no crowded urban feel.
No immediate competitors = captured local demand
Families in Cleveland, Splendora, New Caney, and rural Liberty County have limited options
Nearest facilities are often 20–40+ minutes away.
Translates into:
Higher occupancy potential
Less price pressure
Stronger margins
Close enough to the city for access, far enough for quality of life.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$576,000
|
$82.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$576,000
|
$82.26
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$460,000
|
$65.70
|
| Net Operating Income |
$116,000
|
$16.57
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $576,000 |
| Annual Per SF | $82.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $576,000 |
| Annual Per SF | $82.26 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $460,000 |
| Annual Per SF | $65.70 |
| Net Operating Income | |
|---|---|
| Annual | $116,000 |
| Annual Per SF | $16.57 |
Property Facts
Amenities
- Wheelchair Accessible
Room Mix Information
| Description | No. Beds |
|---|---|
| bedroom | 12 |
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 000407-000023-000 | Improvements Assessment | $658,700 (2025) |
| Land Assessment | $15,560 (2025) | Total Assessment | $674,260 (2025) |
Property Taxes
Parcel Number
000407-000023-000
Land Assessment
$15,560 (2025)
Improvements Assessment
$658,700 (2025)
Total Assessment
$674,260 (2025)
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1270 CR 2293 - Senior Living Opportunity Underserved Market
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