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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



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 |
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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
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3250 N Garland Ave - Mayberry Gardens Assisted Living and Memory
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