This property was originally used as a memory care facility with all the appropriate ADA accommodations. This listing includes 4 acres, but additional acreage can be sold with it. The build-out of this facility is attractive with a stunning entryway, lovely covered patios, courtyards, and several shared community areas. This facility has 17 rooms, 22 bathrooms (including 4 showers), a large dining room and kitchen, a large fitness room, plus many meeting rooms, waiting rooms, offices, and courtyards. Previous consultant indicated that this facility could accomodate 30+ beds for a memory care center with slight modification. At today's rates, that could bring $300K per month of gross revenue. This is beautiful acreage with many mature oaks right in the heart of booming Dripping Springs, near Austin. It could be used for assisted living, memory care, rehab, a mini-hospital, an office, a wellness center, a lab, or other uses. There are so many opportunities for significant gain for the right buyer with this property. Dripping Springs is growing rapidly, having doubled in size over the past 5 years. Several large housing developments have gone in or are under construction in the near area. Being close to Austin, the buyer's clientele could come from Austin and other surrounding areas. The entire 22.7 acres is available for $13,900,000. For the purchase of the entire property, the seller is willing to owner-finance at an attractive rate with 40% down payment.
16,006 Sq Ft
4 Private Acres Lot Size
commercial
Built in 2001
MLS/Listing ID 2268955
Washer Hookup
Dryer Hookup
Parking - Paved
Parking - Parking Lot
Parking - Open
Parking - On Site
Parking - Off Street
Parking - Enclosed
Septic System
Public Water
Visitor Bathroom
Enhanced Accessible
Common Area
Accessible Hallways
Accessible Electrical and Environmental Controls
Construction - Masonry
Construction - Glass
Construction - Concrete
Construction - Cement Siding
Vinyl
Tile
Heating - Electric
TOTAL MONTHLY COST
$0
$0
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