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1405 W Storey St - Eventide Nursing Home 16,940 SF Health Care Building Offered at $465,000 in San Saba, TX 76877

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INVESTMENT HIGHLIGHTS

extensive overhaul with most of the major work complete and only requires minimum finishing touches
surrounded by mature trees with plenty of shade

peaceful quiet setting on just over an acre lot

EXECUTIVE SUMMARY

INVESTMENT OPPORTUNITY! This massive building, sitting on just over an acre corner lot and located in San Saba, Tx was operated as a fully functioning nursing home just prior to its sale. The current owners began an extensive overhaul to revive the 16,000+/- Sq Ft, 43+/- bedroom structure. This building's floor plan is designed with the intent of being a nursing home or an assisted-living facility. A welcoming front lobby area, commercial kitchen area, private and shared restrooms with ADA showers. Staff offices and a laundry facility. Plenty of parking and surrounded by mature trees. With most of the major work out of the way, this building still requires some repairs and finishing touches. However, the space and functionality is here and ready to go!

PROPERTY FACTS

Price	$465,000	Building Size	16,940 SF
Price Per Bed	$10,814	No. Beds	43
Sale Type	Investment	No. Stories	1
Property Type	Health Care	Year Built	1980
Property Subtype	Skilled Nursing Facility Healthcare Assisted Living Healthcare Congregate SeniorHousing Healthcare Continuing Care Retirement Community	Tenancy	Single
Building Class	C	Parking Ratio	0.59/1,000 SF
Lot Size	1.01 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	mixed - some commercial sites within the town's neighborhoods

Price	$465,000
Price Per Bed	$10,814
Sale Type	Investment
Property Type	Health Care
Property Subtype	Skilled Nursing Facility Healthcare Assisted Living Healthcare Congregate SeniorHousing Healthcare Continuing Care Retirement Community
Building Class	C
Lot Size	1.01 AC
Building Size	16,940 SF
No. Beds	43
No. Stories	1
Year Built	1980
Tenancy	Single
Parking Ratio	0.59/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	mixed - some commercial sites within the town's neighborhoods