top of page

October 14, 2024

Sale of Sonoma House Assisted Living in Texas

ESI sold Sonoma House Assisted Living, a 96-unit assisted living and memory care community in Carrollton, Texas.

david-whipple-mU-wz7JlJMc-unsplash_Ravid.jpg

Acting as the exclusive advisor to the seller, ESI achieved a sale price in excess of $9,250,000.


Sonoma House Assisted Living, located in the thriving Dallas-Fort Worth metro area, has been a family-owned and operated non-profit community since its establishment in 2014. Known for its residential-style environment, the community consists of 33 assisted living units and 63 memory care units spread across 7 cottages. This design balances residents’ independence with the support they need. Sonoma House’s dependable care and stable operations have made it a trusted leader in the market.


When ESI began marketing Sonoma House, the community was 82% occupied and generating positive net operating income. With its strong operational foundation, the community presented an attractive growth opportunity to prospective buyers. ESI identified multiple value-add opportunities, such as an opportunity to increase rental rates and reduce operational costs with a regional or national owner, as well as the potential to expand the community by adding 16 additional units through future development.


Their confidential and competitive marketing process resulted in 6 competitive bids. The property was ultimately acquired by a Midwest-based owner-operator, marking their first venture into the Texas market.

bottom of page