Operating, 106-Unit Assisted Living Facility

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.