This project was strategically located just blocks from Central Texas Medical Center, the region’s primary hospital, and surrounded by a strong network of Independent Living and Skilled Nursing communities. Despite the area’s healthcare infrastructure, no new Assisted Living or Memory Care communities had been delivered to San Marcos since 1999—a clear indicator of pent-up demand and an opportunity to bring modern, high-quality senior housing to the market.

San Marcos Senior Living includes 90 total units, comprised of 66 Assisted Living and 24 Memory Care residences. The community was designed to offer a robust amenity package and foster an activity-driven, socially engaging environment—all at an accessible price point.

Construction began in February 2019, and the community welcomed its first residents in November 2020. Following a successful lease-up and stabilization period, the property was sold in March 2024. This project delivered outstanding operational performance and financial results, representing another highly successful outcome for our investors.