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Investment Highlights

  • A few blocks to Interstate 27
  • Renovated in 2016 and 2023

Executive Summary

Huge Price Improvement!!! Great investment property in Hale Center, Texas! The property has almost 15,000 square feet of useable space that had approximately $300,000 of improvements in 2016 and then another $130,000 in the last year. The property features 22 bedrooms, nice kitchen, dining room, recreation room, basement, several other rooms that are used for offices, break rooms, storage, etc. It spans the entire city block and also includes the old Hale Center Hospital. Sellers would also consider leasing the property.

Property Facts

Price $375,000
Price Per Bed $17,045
Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Health Care
Property Subtype Skilled Nursing Facility
Building Class B
Lot Size 2.57 AC
Building Size 41,022 SF
No. Beds 22
No. Stories 1
Year Built/Renovated 1970/2023
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
10989
Land Assessment
$20,000
Improvements Assessment
$336,937
Total Assessment
$356,937
  • Listing ID: 25610580

  • Date on Market: 5/2/2022

  • Last Updated:

  • Address: 202 W 3rd St, Hale Center, TX 79041

Contact the Sale Advisor

202 W 3rd St

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