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705 E Greenwood Ave
Bowie, TX 76230
100% VACANT HOSPITAL - VALUE ADD · Health Care Property For Sale · 49 Beds

INVESTMENT HIGHLIGHTS

  • Value-Add Opportunity – 100% Vacant
  • Significant Renovation Investment – Over $10M in the last 10 years
  • Well Below Replacement Costs – Cost to construct would approximately be +$30M
  • Tax-Free State – Texas has zero income tax for real estate investments

PROPERTY FACTS

Property Type Health Care
Property Subtype
Hospital
  • Healthcare Rehabilitation Center
Building Class C
Lot Size 4.55 AC
Building Size 134,956 SF
No. Beds 49
No. Stories 1
Year Built 1966
Parking Ratio 4.39/1,000 SF
Zoning COM

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000000624
Land Assessment
$7,280
Improvements Assessment
$274,650
Total Assessment
$281,930
  • Listing ID: 20268491

  • Date on Market: 7/13/2020

  • Last Updated:

  • Address: 705 E Greenwood Ave, Bowie, TX 76230

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