Log In/Sign Up
Your email has been sent.
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



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 | Lot Size | 4.93 AC |
| Price Per Bed | $74,380 | Building Size | 48,000 SF |
| Sale Type | Investment | No. Beds | 121 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1998 |
| Building Class | C | ||
| Zoning | z239 | ||
| 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 |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,283,000 | |
| Land Assessment | $729,880 | Total Assessment | $6,012,880 |
Property Taxes
Parcel Numbers
Land Assessment
$729,880
Improvements Assessment
$5,283,000
Total Assessment
$6,012,880
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3250 N Garland Ave - Mayberry Gardens Assisted Living and Memory
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
