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34386665
34386520

41 Chestnut Circle, Jasper, TX 75951 For Sale

KW
TX 830008
Wright Realty & Management
Listed by Wright Realty & Management
$389,900
4 days on market
Updated 1 day ago

41 Chestnut Circle

Details
Property Type Business for Sale, Multifamily (+1)
Sub Type Business and Building
Square Footage 3,858
Units 7
Beds 10
Class B
Year Built 1975
Year Renovated 2024
Buildings 2
Acreage 1.000
Zoning Residential
Investment Type Stabilized
Ground Lease No
Sale Condition For sale by owner

Turnkey Assisted Living / Residential Care Facility

Marketing description

Wrightway Assisted Living is a fully equipped, recently updated residential care facility located in the desirable Rosewood Estates subdivision of Jasper, Texas. Situated on nearly one acre, this 3,858 sq ft property offers a turnkey opportunity for operators, investors, or organizations seeking a licensed assisted living, memory care, IDD group home, transitional housing, or multi‑tenant residential care setting. Wrightway Assisted Living incorporates ADA‑aligned accessibility features that enhance safety, mobility, and quality of care. The facility includes wide hallways, accessible bathroom layouts, grab‑bar installations, lever‑style handles, and low‑profile thresholds that support residents with mobility impairments. These features reduce fall risk, improve staff efficiency, and position the property to serve a broader range of residents, including those requiring higher levels of physical support. For investors, this means fewer upgrade costs and a facility already aligned with modern accessibility standards.

The facility has undergone significant capital improvements, including a new roof, new flooring, fresh interior and exterior paint, new carport, and a full fire sprinkler system installed throughout the entire building and exterior porch—an exceptional life‑safety feature rarely found in comparable properties. These upgrades substantially reduce near‑term capital expenditures and position the asset for immediate occupancy or operational expansion.

The spacious floorplan includes multiple resident rooms, common living areas, administrative space, and flexible layout options suitable for a variety of care models. The nearly one‑acre lot provides additional potential for outdoor amenities, parking, or future expansion.

With strong demand for senior care and residential support services in East Texas, Wrightway Assisted Living offers a unique opportunity to acquire a modernized, compliant, and ready‑to‑operate facility in a quiet, residential neighborhood ideal for long‑term care.

Investment highlights

-Turnkey Assisted Living Facility with 3,858 sq ft of licensed residential care space on nearly 1 acre in Rosewood Estates.

-Major capital improvements completed, including new roof, new flooring, fresh interior/exterior paint, new carport, and full fire sprinkler system throughout the entire building and exterior porch.

-Fully equipped life‑safety infrastructure, reducing insurance costs and meeting stringent regulatory requirements for assisted living and group home operations.

-Strong operational potential for Assisted Living, Memory Care, IDD Group Home, Transitional Housing, or Multi‑Tenant Residential Care.

-ADA‑Aligned Accessibility: Wide hallways, accessible bathrooms, grab bars, lever handles, and low‑threshold transitions support safe mobility for all residents.

-Large, flexible floorplan ideal for private rooms, semi‑private rooms, administrative space, and common areas.

-High‑demand market for senior care and residential support services in Jasper and surrounding East Texas communities.

-Nearly 1‑acre lot provides expansion potential for additional units, outdoor amenities, or parking.

-Updated systems and recent renovations significantly reduce near‑term capital expenditure for new operators or investors.

-Located in a quiet residential neighborhood, offering a safe, peaceful environment for residents and staff.

Listing Contacts

KW
TX 830008
Wright Realty & Management
Listed by Wright Realty & Management

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Additional Information

Name
Kita Wright
License
830008
Brokerage
MOD Realty
Brokerage Phone
713-234-6888
Title
Real Estate Sales Person
Brokerage Address
3801 Kirby Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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