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1601 N Bicentennial Blvd
McAllen, TX 78501
12% Cap Rate - 30 Plus Bed Assisted Living · Health Care Property For Sale · 32 Beds

INVESTMENT HIGHLIGHTS

  • 12% Cap Rate at List Price
  • Good Historical Numbers of High Occupancy & Cash Flow

PROPERTY FACTS

Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
Lot Size 7.79 AC
Building Size 11,000 SF
No. Beds 32
No. Stories 1
Year Built 2000

ABOUT 1601 N BICENTENNIAL BLVD , MCALLEN, TX 78501

Price Reduced! Now being offered at $3.4M (was $3.8M) yielding over a 12% cap rate. This is a 32 bed assisted living for sale in South Texas (McAllen MSA). The facility is cash flowing. This is a confidential sale. Please sign the confidentiality agreement in order to receive further information. Please note the address listed is incorrect.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
H0850-00-001-0035-05
Land Assessment
$1,832,395
Improvements Assessment
$11,680,000
Total Assessment
$13,512,395
  • Listing ID: 18255294

  • Date on Market: 1/21/2020

  • Last Updated:

  • Address: 1601 N Bicentennial Blvd, McAllen, TX 78501

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