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5128 Pine Ave - Vacant Assisted Living - Drug Rehab 63,535 SF Health Care Building Offered at $2,800,000 at a 10% Cap Rate in Pasadena, TX 77503
Executive Summary
Pine Tree Lodge and Pine Tree Cottage are being offered together as a package sale.
Pine Tree Lodge
5128 Pine Ave, Pasadena, TX 77503
Pine Tree Cottage
2514 Pansy St, Pasadena, TX 77503
New Appraisal: $4,950,000
Unique opportunity to acquire two senior living properties located in close proximity and offered together as one transaction.
Property highlights include:
• Two properties included in the sale
• Established senior living use
• New appraisal of $4.95 million
• Multiple buildings and residential areas
• Convenient Pasadena location
• Opportunity for continued senior living operations or repositioning, subject to applicable approvals
• Additional property and financial information available to qualified buyers
• Private showings available by appointment
Inquire for pricing, additional details, financial information, and to schedule a private showing.
Pine Tree Lodge
5128 Pine Ave, Pasadena, TX 77503
Pine Tree Cottage
2514 Pansy St, Pasadena, TX 77503
New Appraisal: $4,950,000
Unique opportunity to acquire two senior living properties located in close proximity and offered together as one transaction.
Property highlights include:
• Two properties included in the sale
• Established senior living use
• New appraisal of $4.95 million
• Multiple buildings and residential areas
• Convenient Pasadena location
• Opportunity for continued senior living operations or repositioning, subject to applicable approvals
• Additional property and financial information available to qualified buyers
• Private showings available by appointment
Inquire for pricing, additional details, financial information, and to schedule a private showing.
Property Facts
Amenities
- Wheelchair Accessible
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0612060120010 | Improvements Assessment | $2,909,677 |
| Land Assessment | $524,700 | Total Assessment | $3,434,377 |
Property Taxes
Parcel Number
0612060120010
Land Assessment
$524,700
Improvements Assessment
$2,909,677
Total Assessment
$3,434,377
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