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1331 Cherry St 3,924 SF Health Care Building Offered at $399,000 in Graham, TX 76450

Investment Highlights
- Purpose-built facility designed for residential senior care operations.
- Large commercial-style kitchen and centralized dining area.
- Corner-lot location with public water and sewer service.
- Nine private bedrooms with multiple bathrooms already incorporated.
- Expansive screened porch designed for resident gathering space.
Executive Summary
1331 Cherry Street presents an opportunity to acquire and complete Trinity Senior Living, a purpose-built residential care facility positioned in Graham, Texas. The property has been designed for senior housing operations and includes nine private bedrooms, multiple bathrooms, spacious common living areas, a commercial-style kitchen, dining area, laundry facilities, and a screened outdoor porch. The floor plan separates resident accommodations from shared gathering areas, supporting both resident comfort and operational functionality.
Located within the City of Graham, the property provides access to local healthcare services, retail amenities, and community resources that are important to senior living operators and caregivers. The corner-lot configuration and existing improvements create a foundation for a future assisted living, personal care, or residential senior housing operation, subject to applicable licensing and regulatory approvals.
The asset is being offered as an unfinished project, creating flexibility for investors and operators to complete interior finishes, systems, and operational specifications according to their business model. The existing layout already incorporates key components commonly associated with residential care environments, reducing the need for a complete redevelopment approach.
With demand for senior housing continuing to be a focus across many Texas communities, the property offers a chance to bring a specialized care facility to market through completion of the remaining improvements. Buyers seeking a value-add project with a defined use concept may find the existing infrastructure, building design, and residential care orientation attractive for future operation and long-term ownership.
Located within the City of Graham, the property provides access to local healthcare services, retail amenities, and community resources that are important to senior living operators and caregivers. The corner-lot configuration and existing improvements create a foundation for a future assisted living, personal care, or residential senior housing operation, subject to applicable licensing and regulatory approvals.
The asset is being offered as an unfinished project, creating flexibility for investors and operators to complete interior finishes, systems, and operational specifications according to their business model. The existing layout already incorporates key components commonly associated with residential care environments, reducing the need for a complete redevelopment approach.
With demand for senior housing continuing to be a focus across many Texas communities, the property offers a chance to bring a specialized care facility to market through completion of the remaining improvements. Buyers seeking a value-add project with a defined use concept may find the existing infrastructure, building design, and residential care orientation attractive for future operation and long-term ownership.
Property Facts
| Price | $399,000 | Lot Size | 0.37 AC |
| Price Per Bed | $44,333 | Building Size | 3,924 SF |
| Sale Type | Investment | No. Beds | 9 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1950 |
| Building Class | C | ||
| Zoning | F1 - Commercial | ||
| Price | $399,000 |
| Price Per Bed | $44,333 |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 3,924 SF |
| No. Beds | 9 |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | F1 - Commercial |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11433 | Improvements Assessment | $307,020 |
| Land Assessment | $32,020 | Total Assessment | $339,040 |
Property Taxes
Parcel Number
11433
Land Assessment
$32,020
Improvements Assessment
$307,020
Total Assessment
$339,040
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1331 Cherry St
