Operating, 106-Unit Assisted Living Facility

For Sale

135 Autumn Wind Court (Newsome & Shady Ln), Mineola, TX 75773

This Mineola property for sale is located at 135 Autumn Wind Court (Newsome & Shady Ln). Contact the listing broker for details on the current sale price for Operating, 106-Unit Assisted Living Facility. Operating, 106-Unit Assisted Living Facility is situated on a lot that is 25.72 acre in size.

Contacts

broker
Michael Kneifel

Hilco Real Estate

Property Details

  • Property Type Other
  • Property Size 98,000 SF
  • Units 106
  • Lot Size 25.72 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2013
  • Year Renovated 2019
  • Date Updated Dec 10, 2024
This property is located in Mineola, TX, just 85 miles east of Dallas and 25 miles north of Tyler. The town is surrounded by scenic landscapes, including the Mineola Nature Preserve, offering outdoor activities like hiking, bird-watching and fishing. With a population of around 4,500, Mineola has a growing local economy supported by agriculture, retail and tourism. Mineola and East Texas have seen growth in various sectors with key employers such as UT Health East Texas, Tyson Foods and Walmart creating significant job growth in the area. Smith County, which includes Tyler near Mineola, has a low unemployment rate of around 3.5%, reflecting robust job opportunities. The area's population has grown by approximately 5% over the past decade, driven by its affordable cost of living and attractive quality of life.Bankruptcy Sale: Autumn Winds of Mineola represents an exceptional opportunity for an experienced senior housing/assisted living owner, operator or investor to acquire a fully operational, turnkey facility in East Texas. With occupancy hovering around 70% and below-market rents, the facility offers significant upside potential through operational efficiencies, including: expanded services such as memory care and resident amenities; increased licensed bed count; aesthetic updates to refresh the interior, exterior and landscaping; and staff optimization. The senior housing market is poised for significant growth over the next decade due to the aging "baby boomer" generation, with Americans aged 75 and older increasing by 31.4% from 2010 to 2023. As the wave of baby boomers grows, demand for assisted living, especially in Texas, will surge. Compounded by a post-COVID decline in new facility construction, and a huge migration to Sun Belt states, demand will far exceed supply. These factors, together with the turnkey delivery of this asset, combine to create a compelling offering for the right owner, operator or investor.
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Location

  • City Mineola, TX
  • Zip Code 75773

Points of Interest

  • Mineola

    1.70 miles

  • Murphy USA

    0.47 miles

  • Brookshire's Gas

    0.74 miles

  • Exxon

    0.79 miles

  • E-Z Mart Fuel

    1.56 miles

  • Chevron

    1.57 miles

  • Conoco

    1.59 miles

  • Valero

    2.14 miles

  • 76

    7.75 miles

  • Brooks House

    1.53 miles

  • Relax Inn

    1.57 miles

  • The Beckham Hotel

    1.66 miles

  • Budget Inn

    1.97 miles

  • Best Western

    2.53 miles

  • Towner Motel

    7.73 miles

  • Walmart Supercenter

    0.35 miles

  • Brookshire's

    0.68 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
Michael Kneifel

Hilco Real Estate