This offering provides a rare opportunity for acquire a residential living or treatment facility in the heart of Fort Worth’s Near Southside medical district. The Property is owned by Sterling Management Company of New Mexico and is currently operating as an assisted-living and memory care facility under their GoodLife Senior Living and Memory Care brand which has twelve facilities located Texas and New Mexico. The property would be ideal for a drug or alcohol rehabilitation facility or behavioral health facility. The property could be relicensed as a PHP IOP or MAT program. The property is current functioning as a private pay only Class A Large facility so there may also be opportuntiies to continue to operate the building as assisted living and particiapte in the Medicaid waiver program. The owners would entertain a long-term lease with a third party for the entire building or they would also sell the building. The property is licensed as “B small” and is obviously ideal for assisted living and/or memory care but could also be converted for use as a mental health facility, rehab facility, or dormitory style housing. The owners are in the process of changing the license to a Type A Large.
First Floor Second Floor
?15 Smaller rooms
?Lobby
C?Office
?Kitchen
?Salon
?Living room
?Multipurpose room
?Aroma Therapy room
Second Floor
?12 Large rooms
?3 Small rooms
?Dining area
?Living room
?Multipurpose room
