125 Avenue J - Assisted Livings FOR SALE


Anson, TX 79501
$495,000 USD
125 Avenue J, Anson, TX for Sale
$495,000 USD
Assisted Livings - FOR SALE
1/37
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NEW


125 Avenue J
Anson, TX 79501


HIGHLIGHTS

  • Next door to the hospital
  • Lots of natural light

OVERVIEW

Located next door to Anson General Hospital, this building was previously a 34-bed licensed assisted living facility until August 2022. Remodeled after purchase in 2017 to include all new paint inside and out and a new fire system in accordance with NFPA guidelines for long term care facilities. Roof installed in November 2023at a cost of $256K: TPO roof, with 20 year warranty, 5 inches of insulation on top of roof with energy efficiency, & copper painted Standing Seam roof mansard & metal perimeter trim. All roof-top HVAC units placed on new curbs & serviced by Climatech HVAC. Building features a large dining room and commercial-size kitchen, commercial dish-machine that was purchased in 2018. The building has 34 rooms split by a bathroom and also has seven handicap rooms in the northeast hall. Three large shower rooms are located within the facility, all updated. Leak in the roof prior to new roof caused water damage inside & 18 of the 34 rooms had to be gutted. All exposed wood has been treated. 16 rooms were not damaged and just need flooring. Clean slate, great investment property. Attached appraisal for $620,000.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Assisted Living

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Open Zoning

APN/PARCEL ID

R11299

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