Arbor Place

Special Purpose for Sale
Catylist Listing ID: 30642059
Property Subtypes: Senior Housing
Building Status: Proposed
Building Size (RSF): 4,529 SF
Gross Building Area: See Agent
Gross Land Area: 0.97 Acres
Sale Price: $400,000
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/3/2020

Overview / Comments

Formerly operating as Arbor Place Assisted Living, the building offers a turn-key
opportunity for another assisted living operation. Zoning also permits home
business, or single-family dwelling. Building has undergone renovation and is in
good condition. Location provides frontage visibility on Hwy 259.

PROPERTY HIGHLIGHTS
• Existing monument signage
• Excess land can potentially facilitate additional parking
• Fully sprinkled
• ADA compliant
• FF&E can convey
• 13 bedrooms
• 4 ADA restrooms, 3 of them with walk in shower
• Full kitchen and dining room
• Multiple common area (sitting) rooms
• Laundry room with W&D
• Two covered porch areas

Attachments & Media

Additional Details

Nearest MSA: Longview
County: Rusk
Tax ID/APN: 7787.000000000000000
Zoning: COMMERCIAL
Property Visibility: Excellent
Largest Nearby Street: Hwy 259
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1947
Year Renovated: 2009
Construction/Siding: Wood Frame
Parking Type: Surface
Sprinklers: Other
Zoning Description: R2 - Medium Density Single-Family Residential
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LT 2 AND LT 6 BLK 652 ARBOR PLACE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,728 11,672 16,464
Median Age: 38.86 37.07 38.12
Households: 582 3,607 5,439

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