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196 Camelot St - Harmony Assisted Living 19,081 SF Health Care Building Offered For Sale in Conroe, TX 77304



INVESTMENT HIGHLIGHTS
- Centrally located in the heart of Conroe, TX on a quiet residential thoroughfare
- Harmony Assisted Living was built in 2018 & Harmony Memory Care in 2021.
- Strong reputation of delivering compassionate care to its residents
- Easy access to healthcare facilities and other essential services
EXECUTIVE SUMMARY
Harmony AL & MC is a 32-bed fully licensed facility offering 16 AL and 16 MC beds. It is a purpose-built facility designed to be an extension of home for its residents. The facility offers 24-hour care by expertly trained staff members at a ratio of 1 staff per 5 residents. The facility offers private bedrooms, family-style dining, both indoor and outdoor activities, weekly doctor visits, and more. This turn-key investment features strong revenue and cash flow, and historically high occupancy.
The property consists of two buildings totaling just over 19,081 sf on 3.43 acres. Each building consists of 16 private rooms, a large commercial kitchen, spacious indoor and outdoor gathering spaces, and staff offices. The assisted living building was built in 2016 with the memory care building being added in 2018. As an additional amenity for ownership and/or staff, each building has a spacious upstairs apartment with bedrooms, living room, full kitchen, and bath.
The property consists of two buildings totaling just over 19,081 sf on 3.43 acres. Each building consists of 16 private rooms, a large commercial kitchen, spacious indoor and outdoor gathering spaces, and staff offices. The assisted living building was built in 2016 with the memory care building being added in 2018. As an additional amenity for ownership and/or staff, each building has a spacious upstairs apartment with bedrooms, living room, full kitchen, and bath.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 19,081 SF |
| Property Type | Health Care | No. Beds | 32 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | B | Year Built | 2018 |
| Lot Size | 3.43 AC | Parking Ratio | 1.52/1,000 SF |
| Zoning | None | ||
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 3.43 AC |
| Building Size | 19,081 SF |
| No. Beds | 32 |
| No. Stories | 1 |
| Year Built | 2018 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | None |
AMENITIES
- Controlled Access
- Wheelchair Accessible
- Smoke Detector
- Backup Power / Generators
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PROPERTY TAXES
| Parcel Number | 7750-01-05600 | Improvements Assessment | $2,686,774 |
| Land Assessment | $563,226 | Total Assessment | $3,250,000 |
PROPERTY TAXES
Parcel Number
7750-01-05600
Land Assessment
$563,226
Improvements Assessment
$2,686,774
Total Assessment
$3,250,000
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Presented by
Maroon Creek Commercial Real Estate, LLC
196 Camelot St - Harmony Assisted Living
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