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1930 River Falls Dr
Kingwood, TX 77339
Heritage Retreat Kingwood · Health Care Property For Sale
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10 Beds


Investment Highlights
- Fully equipped to begin operations
Executive Summary
This is a fully furnished property is an established Type B,10-bed personal care group home,offering a rare turnkey opportunity for operators, investors, or entrepreneurs interested in the assisted living industry. Already approved for a load occupancy of 10 residents, meets state requirements and is fully equipped to begin operations with minimal effort. Whether you are looking to launch an assisted living facility or repurpose the space as a high-performing Airbnb, this property provides the flexibility and infrastructure to support various profitable business models.The home has all essential life-safety systems in place, including a full fire-sprinkler system, and complies with fire marshal standards. It meets annual inspection codes,and all state-required safety and operational tests have already been completed. Bathrooms were also updated to meet accessibility standards, and several additional upgrades were completed to enhance both aesthetic appeal and operational ease.
Property Facts
| Price Per Bed | $88,889 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 2,388 SF |
| Property Type | Health Care | No. Beds | 10 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1973/2022 |
| Zoning | None | ||
| Price Per Bed | $88,889 CAD |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 2,388 SF |
| No. Beds | 10 |
| No. Stories | 1 |
| Year Built/Renovated | 1973/2022 |
| Zoning | None |
Amenities
- Wheelchair Accessible
- Smoke Detector
Property Taxes
| Parcel Number | 1032420000017 | Improvements Assessment | $489,825 CAD |
| Land Assessment | $105,945 CAD | Total Assessment | $595,770 CAD |
Property Taxes
Parcel Number
1032420000017
Land Assessment
$105,945 CAD
Improvements Assessment
$489,825 CAD
Total Assessment
$595,770 CAD
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