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698 North Beaulah St - The Gardens 37,000 SF Health Care Building Offered at $2,325,056 CAD at a 14.12% Cap Rate in Hawkins, TX 75765
Investment Highlights
- P&L are under documents
Executive Summary
There are four buildings. 648,698, 830, 840 North Beaulah Street.
830 and 840 North Beaulah Street are located on separate tracts of land from 698 and 648 North Beaulah Street. 830 and 840 each has 16 beds each. 648 and 698 have 8 beds each. All four are licensed with State of Texas Health and Human Services.
There is a separate tract which is ground leased to Veterans of Hawkins for Veterans Memorial. They pay taxes on the land.
Lastly, I am calling an REO sale because Carroll Partners owns the property and has decided to sale.
830 and 840 North Beaulah Street are located on separate tracts of land from 698 and 648 North Beaulah Street. 830 and 840 each has 16 beds each. 648 and 698 have 8 beds each. All four are licensed with State of Texas Health and Human Services.
There is a separate tract which is ground leased to Veterans of Hawkins for Veterans Memorial. They pay taxes on the land.
Lastly, I am calling an REO sale because Carroll Partners owns the property and has decided to sale.
Property Facts
| Price | $2,325,056 CAD | Building Size | 37,000 SF |
| Price Per Bed | $48,439 CAD | No. Beds | 48 |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 14.12% | Year Built | 2000 |
| Sale Condition | REO Sale | Parking Ratio | 1.6/1,000 SF |
| Property Type | Health Care | Cross Streets | Glazner |
| Property Subtype | Assisted Living | Opportunity Zone |
Yes
|
| Lot Size | 12.77 AC |
| Price | $2,325,056 CAD |
| Price Per Bed | $48,439 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 14.12% |
| Sale Condition | REO Sale |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Lot Size | 12.77 AC |
| Building Size | 37,000 SF |
| No. Beds | 48 |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.6/1,000 SF |
| Cross Streets | Glazner |
| Opportunity Zone |
Yes |
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Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R11791 | Improvements Assessment | $1,734,664 CAD |
| Land Assessment | $56,167 CAD | Total Assessment | $1,790,831 CAD |
Property Taxes
Parcel Number
R11791
Land Assessment
$56,167 CAD
Improvements Assessment
$1,734,664 CAD
Total Assessment
$1,790,831 CAD
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Videos
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Photos
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Map
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Presented by
Osma Carroll
698 North Beaulah St - The Gardens
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