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3250 N Garland Ave - Mayberry Gardens Assisted Living and Memory 48,000 SF Health Care Building Offered at $9,000,000 in Garland, TX 75040

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INVESTMENT HIGHLIGHTS

  • Established Senior Assisted Living Campus
  • 121 Licensed Beds
  • 11 Residential-Style Homes and Activity Center
  • Significant Upside Potential with Current Occupancy at 25%

EXECUTIVE SUMMARY

The campus consists of 11 purpose-built houses designed for a homelike senior living experience, each accommodating up to 11 residents. All houses are fully furnished and equipped, and the property includes a central activity center for dining and events. The operation holds three Texas AL license types (Type A, B, and C), enabling care for a full spectrum of resident needs – from basic assisted living to higher-acuity and memory care. The facility has passed all recent inspections with no deficiencies, reflecting strong regulatory compliance. An experienced team of ~40 caregiving staff (with an on-site caregiver in each house 24/7) and 2 assistant directors is in place to ensure continuity. The community serves the growing Dallas–Fort Worth senior population from its Garland, TX location, combining a peaceful residential atmosphere with proximate city amenities. Importantly, the payor mix is 100% private-pay – no Medicaid or government reimbursements – which means reliable collections and flexibility on rates. Current monthly rates range $3,500–$5,000 per resident depending on care level (average ~$4,000). This upscale pricing (recently raised from ~$2,000 historically) has improved revenue per resident and positions the business as a premium care provider. The local market’s demographics and income levels support private-pay seniors, and the campus’s intimate, home-like setting differentiates it from large institutional facilities.

PROPERTY FACTS

Price $9,000,000
Price Per Bed $74,380
Sale Type Investment
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 4.93 AC
Building Size 48,000 SF
No. Beds 121
No. Stories 1
Year Built 1998
Zoning z239

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 26323000011ARR000
  • 263230000102R0000
  • 26323000011BRR000
  • 26323000010030000
Land Assessment
$729,880
Improvements Assessment
$5,283,000
Total Assessment
$6,012,880
  • Listing ID: 39093459

  • Date on Market: 1/15/2026

  • Last Updated:

  • Address: 3250 N Garland Ave, Garland, TX 75040

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