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- LoopNet Team
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 | No. Beds | 32 |
| Property Subtype |
Assisted Living
|
No. Stories | 1 |
| Lot Size | 7.79 AC | Year Built | 2000 |
| Building Size | 11,000 SF |
| Property Type | Health Care |
| Property Subtype |
Assisted Living
|
| 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
| Parcel Number | H0850-00-001-0035-05 | Improvements Assessment | $11,680,000 |
| Land Assessment | $1,832,395 | Total Assessment | $13,512,395 |
PROPERTY TAXES
Listing ID: 18255294
Date on Market: 1/21/2020
Last Updated:
Address: 1601 N Bicentennial Blvd, McAllen, TX 78501
The Downtown McAllen Health Care Property at 1601 N Bicentennial Blvd, McAllen, TX 78501 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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