Contact Property

Rambling Oaks Courtyard Highland Village - Availability Details

110 & 112 Barnett Blvd, Highland Village, TX

Plains Commercial Real Estate is pleased to exclusively offer for sale Rambling Oaks Courtyard in Highland Village (the “facility”). The facility has a high quality physical plant and offers investors a cash flowing asset with significant upside through further levels of care. The facility is two (2) buildings that are interconnected, one operating as a total private pay assisted living (AL) facility and the other as a skilled nursing (SN) community focused on rehabilitation services and private pay residents. The SN was leased to TGR Healthcare (TGR), in April of 2020. TGR is a Texas based skilled nursing operator with a total of 9 buildings across its portfolio. The facility offers investors a stabilized asset with strong cash flow in place and significant upside in place through further lease-up and level of care adjustment through the assisted living operations.
read more read less

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Location

  • City Highland Village, TX
  • Neighborhood Highlands Ranch
  • Market Dallas Fort Worth

Contacts

broker

Daniel Morris

Plains Commercial Real Estate

(405) 445-5799

Highlights

  • Class B dual care facility offering a continuum of care with assisted living and skilled nursing beds
  • Licensed for 79 AL beds with 69 AL units
  • Licensed for 70 Medicare/private pay beds and 6 Medicaid beds with 46 SNF units
  • Long term NNN lease in place with a strong Texas based SNF operator
  • The facility offers in place cash flow with additional upside through further levels of care adjustments
  • Area retailers include HEB, Tom Thumb, Walmart, Target, Walgreens, Lowes, Whole Foods & Bed Bath and Beyond

Contact Listing Broker

broker

Daniel Morris

Plains Commercial Real Estate

(405) 445-5799

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.