120 Unit Independent Living Seniors Project in Temple, Texas
Project Category: Original Use Property
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Summary
This is phase III of an existing Senior Living Campus in Temple, TX. The project is shovel ready – all streets, utilities, and zoning are in place and site plan approval has been obtained from the city.
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Details
Project Qualification: Original Use PropertyReal Estate: ResidentialTotal Capital Required: $15,793,667Equity Required: $15,793,667Project Control: We own all the key propertyTimeline: Less than 30 daysAddress: 2916 Country Ln Dr Temple Texas 76504 United States -
Map
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Project Narrative
Project Narrative:This is phase III of an existing Senior Living Campus in Temple, TX. The project is shovel ready - all streets, utilities, and zoning are in place and site plan approval has been obtained from the city.
Preliminary architectural plans are complete. Amenities in the project include an 8,000 sf clubhouse, home health office, library, game room, fitness center, coffee shop, multi-purpose room, and swimming pool. Phases I and II consistently maintain 95-100% occupancy
A cash distribution will be made to the investor in 2026 to pay the capital gains tax. For additional information, call or email Win Humphrey.