About 6974 Waverly Lane
Incredible Portfolio Opportunity – Total of 6 Modified, previously licensed Residential Assisted Living Homes, BankOwned and Ready to Re-License! Rare investment opportunity to acquire a portfolio of six residential assisted living homes, each previously licensed for 8 private beds. These properties are bank-owned, unlicensed, but fully modified for assisted living use, offering tremendous potential for immediate re-licensure and operation. Each home has undergone ADA-compliant renovations, including modified bathrooms and accessible living spaces. Most feature extensive remodeling, spacious communal areas, and fully integrated 13R fire sprinkler and alarm systems, meeting key safety standards for licensing. Whether you're expanding your current operations or entering the growing assisted living market, this portfolio provides a turnkey foundation to quickly launch or scale. Pro forma financials and additional details available upon request. Contact listing agent for full offering information.
Features of 6974 Waverly Lane
| MLS® # | 21006165 |
|---|---|
| Price | $1,070,000 |
| Bedrooms | 9 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 3,920 |
| Acres | 0.19 |
| Year Built | 2003 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active Under Contract |
Community Information
| Address | 6974 Waverly Lane |
|---|---|
| Subdivision | Parkside Estates 2 |
| City | Frisco |
| County | Collin |
| State | TX |
| Zip Code | 75035-7791 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Sidewalk, Underground Utilities, See Remarks |
|---|---|
| # of Garages | 2 |
| Garages | Circular Driveway, Concrete, Driveway, Enclosed, Garage, Garage Faces Front, 2-Car Single Doors |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Built-in Features, Cable TV Available, Cathedral Ceiling(s), Chandelier, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Second Primary Bedroom |
|---|---|
| Appliances | Other |
| Heating | Central, Electric, Fireplace(s), Zoned |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Dining Room, Double Sided, Family Room, See Through Fireplace |
Exterior
| Lot Description | Adjacent to Greenbelt, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass |
|---|---|
| Roof | Composition |
| Construction | Siding |
| Foundation | Slab |
School Information
| District | Frisco ISD |
|---|---|
| Elementary | Gunstream |
| Middle | Wester |
| High | Centennial |
Financial Information
| HOA | Mandatory |
|---|---|
| HOA Fees | $300 |
| HOA Fees Frequency | Annually |
| HOA Includes | Management Fees |
| Tax Unexempt | $11,068 |
Listing Details
| Agent | Aaron Morrow |
|---|---|
| Office | Coldwell Banker Apex, REALTORS |