Map of Property

Turnkey, 80-Unit Assisted Living Facility

For Sale

2601 Tandy Ave, Fort Worth, TX 76103

This Fort Worth property for sale is located at 2601 Tandy Ave. The current listed sale price for Turnkey, 80-Unit Assisted Living Facility is Call for offers. Turnkey, 80-Unit Assisted Living Facility is situated on a lot that is 3.6 acre in size.

Contacts

broker

Steve Madura

Hilco Real Estate

(847) 504-2478

Property Details

  • Property Type Other - Special Purpose
  • Property Size 73,830 SF
  • Units 80
  • Lot Size 3.6 Acre
  • Parking Spaces Avail. 76
  • Property Tenancy Multi-Tenant
  • Year Built 1982
  • Year Renovated 2015
  • Date Updated May 10, 2024
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.Qualified Bid Deadline: April 30 On-Site Inspections: March 28, April 4 & 11 Situated in Fort Worth, Texas, Tandy Village presents itself as an compelling prospect for investors and operators within the senior housing sector. To accommodate the growth in the Dallas and Fort Worth area, expansion opportunities exist through improving services like memory care, upgrading resident amenities and maximizing bed count within existing spaces. Pre-pandemic occupancy levels of 88% underscore the offering’s historical performance and future promise. Recent renovations, include a new roof layer, upgraded flooring and expanded walk-in freezer, signifying a dedication to modernizing the property. This fully operational, turnkey facility awaits an opportunistic owner operator or investor to unlock its potential.

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Highlights

  • Fully staffed turnkey facility licensed for 160 beds
  • 40 semi-private & 40 private units
  • Densely-populated area just 4 miles east of downtown Ft. Worth
  • Upside potential (expanded services, increase bed count, aesthetic updates)
  • Amenities include: resident lounge, dining area, commercial kitchen, offices, game room & chapel

Attachments

Getting around

  • 65/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 46/100

    Bike Score ®

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Location

  • City Fort Worth, TX
  • Neighborhood Tandy
  • Zip Code 76103
  • Market Dallas Fort Worth

Points of Interest

  • Fort Worth T&P

    3.07 miles

  • Fort Worth Central

    3.07 miles

  • Richland Hills

    4.99 miles

  • Grapevine Vintage Railroad Tickets

    5.19 miles

  • North Side

    5.22 miles

  • Mercantile Center

    5.44 miles

  • North Richland Hills/Iron Horse

    7.25 miles

  • Bell

    8.20 miles

  • North Richland Hills/Smithfield

    9.26 miles

  • 7-Eleven

    0.86 miles

  • Shell

    1.39 miles

  • Circle K

    1.41 miles

  • Valero

    1.76 miles

  • Fiesta Mart

    2.07 miles

  • Conoco

    2.65 miles

  • 7-Eleven

    2.67 miles

  • Shell

    2.85 miles

  • JOE's

    2.91 miles

  • Raceway

    3.16 miles

  • T & P Station

    2.99 miles

  • Fort Worth Cental Station - Park and Ride

    3.03 miles

  • Garage Entrance

    3.28 miles

  • Garage Entrance

    3.29 miles

  • Sundance Square Garage 4

    3.34 miles

  • Federal Parking Garage

    3.36 miles

  • Tarrant County Calhoun Street Parking

    3.41 miles

  • Sanger Lofts

    3.45 miles

  • Klabzuba Tower

    3.80 miles

  • RadioShack Parking Garage

    3.83 miles

  • Century Motel

    0.18 miles

  • Stay Express Hotel

    0.99 miles

  • Motel 6 Ft Worth Downtown East

    1.07 miles

  • OYO Hotel Fort Worth East Gateway Ball Park

    1.35 miles

  • Valley View Motel

    1.38 miles

  • Central Motel

    2.62 miles

  • Sheraton Fort Worth Downtown Hotel

    2.92 miles

  • All Seasons Motel

    3.01 miles

  • Ace Motel

    3.05 miles

  • Omni Fort Worth Hotel

    3.13 miles

  • Walmart Supercenter

    2.24 miles

  • Walmart Supercenter

    2.45 miles

  • El Rancho Supermercado

    2.77 miles

  • Vietnam Plaza Super Market

    2.98 miles

  • Nguyen Loi Oriental Supermarket

    3.67 miles

  • Albertsons

    3.92 miles

  • Walmart Neighborhood Market

    4.22 miles

  • Aldi

    4.36 miles

  • Tom Thumb

    4.49 miles

  • Target

    4.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Steve Madura

Hilco Real Estate

(847) 504-2478