For sale: The Moody Neurorehabilitation Institute at Tideway, formerly known as the Transitional Learning Center, a Type B assisted living facility owned by the Moody Neurorehabilitation Institute (https://www.moodyneuro.org/), is a purpose-built facility for long-term care of individuals with traumatic brain injuries (TBI), located minutes from the University of Texas Medical Branch (UTMB) in Galveston Island. Constructed in 2003 to extend Moody’s mission of TBI rehabilitation, this 28,961-square-foot facility on 3.5 acres of coastal real estate, one block from the beach, is equipped to provide 24-hour specialized care unmatched by most facilities in Texas or the region, serving residents from as far as New Mexico and Louisiana.
Licensed for 32 beds, it currently operates at 69% occupancy with 22 residents who require assistance with daily activities and supervision for cognitive or behavioral challenges, relying on referrals from Moody’s short-term rehab program without external marketing. By implementing a marketing strategy targeting TBI caseworkers across Texas, new owners could increase occupancy, tapping into the demand for such specialized care. As part of the sale, Moody offers training and guidance to help the buyer build relationships with TBI caseworkers and navigate the network of referral sources. For operators maintaining Moody’s care standards, the Institute could continue to serve as a referral source for residents needing long-term care.
The facility features 24 individual units and 15 bathrooms across four pods, each with six rooms, a living room, and a dining area, designed for person-centered care to create a home-like environment. About one-third of the building, including an indoor pool used for physical therapy and additional office space, remains underutilized, offering opportunities to enhance services or revenue. The 3.5-acre lot, with over one acre available for development, supports potential expansion into independent or assisted living units, complemented by 49 existing parking spaces.
The operational staff, aware of the sale, intends to remain, supporting a transition, though $260,000 is reserved to replace corporate-level roles. Financially, the facility is on pace for $3,936,466 in gross revenue for 2025 based on seven months of data, with cashflow potential through optimized scheduling and expense management. Its coastal location, proximity to UTMB, and Galveston’s appeal as a healthcare and retirement destination add to its marketability.
This opportunity offers operators a business with a foundation, growth potential through increased occupancy and development, and the flexibility to adapt for hospice, rehabilitation, adult daycare, or other congregate living models.
