Turnkey, 60-Unit Assisted Living Facility

4607 E California Pkwy Forest Hill, TX 76119

4607 E California Pkwy, Forest Hill, TX, 76119
4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119 4607 E California Pkwy, Forest Hill, TX, 76119
FOR SALE
Property Type:
Other Hospitality
Amount:
Please Call Broker for Price

Last Verified:
Mar 13, 2024

Daily Email Blast
0 times


Highlights

  • Fully staffed facility with 90% occupancy
  • 15 semi-private rooms & 65 private rooms
  • Prime I-20/I-820 location
  • Less than 10 miles southeast of downtown Ft. Worth
  • Amenities include: fully gated perimeter, two interior courtyards, administrative offices, commercial kitchen, dining & activity areas

Description

Vincent Victory Village is a well-located turnkey assisted living facility in the south suburbs of Fort Worth, providing easy access to downtown and the surrounding communities via I-20/I-820. This well-maintained building features two interior courtyards, administrative offices, welcome lobby and reception desk, commercial kitchen, dining room and a laundry room with washers and dryers. With a current occupancy rate of over 90%, this property offers investors the opportunity for significant long-term growth in a thriving market. Adding to its appeal, the site is zoned to allow multifamily development enhancing its investment option.

Set in Fort Worth, Texas, these properties benefit from the city’s status as the nation’s thirteenth largest city and its rapid growth between 2010 and 2020. Situated in the larger Tarrant County, this region has drawn in major regional and national employers including Fortune 500 companies like AMR Corporation - American Airlines (24,700), Bank of America (20,000), Texas Health Resources Inc. (19,230), Baylor Scott & White All Saints Medical Center — Fort Worth (17,097), AT&T (15,800), Lockheed Martin Aeronautics Co. (14,126) and JPMorgan Chase & Co. (13,500). With these employment opportunities, it has driven the city’s population to nearly one million, with an anticipated annual growth rate of 1.2% until 2027.


Year Built: 1971
Building Size: 27832sq ft
Lot Size: 2.02 acres


Documents

Brochure - Victoria Village - Forest Hill, TX

Map of 4607 E California Pkwy, Forest Hill, TX, 76119

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.