701 Fair Park Dr
Henderson, TX 75654
Fair Park Healthcare & Rehab Center · Health Care Property For Sale · 40,880 SF

Auction:8/21 - 8/23: Absolute Auction Henderson, Property tours are available by appointment ONLY. Please contact Carmina Pena-Mojdehi to schedule at carminalandmark@gmail.com or 956-571-5275. Investment Highlights: Absolute Auction 1st Bid meets Reserve! 40,880 SF Former Nursing Home With 160 Beds Can Be Used as Assisted Living Owner-Operator Opportunity or Value-Add Through Lease-Up at Market Rates Located in Retail Corridor near Numerous Restaurants and Retail Seller to Pay All Delinquent Taxes at Closing with Proration for Current Taxes 1 Miles from East Texas Medical Center Henderson Outparcel Included on Opposite Side of Fair Park Drive Ideal for Pylon Sign Investment Overview: Absolute Auction Henderson, Texas Assisted Living (the "Property") is a vacant former nursing home located at 701 Fair Park Drive in Henderson, TX. The Property is 40,880 SF and consists of single story facility built in 1965 and situated on 2.96 acres of land. Per Costar, the Property previously had 160 bed capacity and the 65+ population is 15% of the total population. The Property would be ideal for multi-family, nursing home, child care facility, public or charter school, administrative offices, retail or medical facility. This Property offers investors the opportunity to purchase this vacant building at a significant discount with a huge value add opportunity. Henderson is the county seat of Rusk County and centrally between Tyler, Longview, and Nacogdoches, Henderson is nestled in the piney woods of East Texas. Henderson is home to a nationally recognized historic downtown featuring upscale shopping, dining, and antiques. A State and National Main Street City, Henderson has restored buildings filled with shops and restaurants. The population was 13,712 at the 2010 census. The oil fields in and surrounding Henderson, part of the hugely producing five-county East Texas Oil Field, continue to provide a large part of the wealth of the town, county and region. Henderson is named for James Pinckney Henderson, the first governor of Texas. The city has functioned as a major crossroads in Northeast Texas over the last two centuries. Several major highways pass through the business district of the town, including U.S. Route 259, Texas State Highway 64, U.S. Route 79, Texas State Highway 43, Texas State Highway 42 and Texas State Highway 64. This absolute auction opportunity gives potential investors th