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8579 State Highway 31 W - 59 Room Medical Facility on 23± Acres 27,176 SF Health Care Building Offered For Sale in Athens, TX 75751

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INVESTMENT HIGHLIGHTS

  • 59± Patient Room Medical Facility
  • No zoning restrictions (located outside of the city limits)
  • Roof replaced June 2022
  • Offering Coop Broker Compensation with an acceptable offer

EXECUTIVE SUMMARY

This 59 patient room medical facility has been updated to serve as an Assisted Living & Memory Care facility. Not all required updates have been completed. It offers spacious private rooms to communal areas designed for socialization and engagement. *See floor plan and suite design for details.
The facility is close to essential amenities and Hospitals.

Zoning: The property is located in the county, outside of the city limits with no zoning restrictions.
Location: Nestled in Athens, TX a vibrant and thriving Certified Texas Retirement Community, is about an hour’s drive from the 5th largest metroplex in the U.S - DFW.
Size and Layout: The facility is over 27,000 sq ft. It has 59± patient rooms , a commercial kitchen with additional dining and entertaining rooms and is situated on 23± acres.
Surrounding Amenities: The property enjoys proximity to a wide range of amenities, including hospitals, medical providers, hotels, shopping centers, lakes, restaurants, entertainment venues, and educational institutions. Athens offers much for visitors and future occupants.
Growth Potential: With a supportive local economy and a robust community, the property benefits from the region's upward trajectory and potential for increased demand.
Utilities and Infrastructure: The property is equipped with essential utilities, including water, electricity and an on-site sewer facility.
Contact me today at Stacy.Villanueva@kw.com to schedule a tour of the facility.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment
Property Type Health Care
Property Subtype
Skilled Nursing Facility
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 23.85 AC
Building Size 27,176 SF
No. Beds 63
No. Stories 1
Year Built 1987
Zoning Commercial - No known zoning restrictions

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
Assisted Living 0
Assisted Living 0
Assisted Living 0
Memory Care 0
Memory Care 0

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0800-1690-0A10-00
Land Assessment
$83,490
Improvements Assessment
$974,080
Total Assessment
$1,057,570
  • Listing ID: 24238993

  • Date on Market: 8/25/2021

  • Last Updated:

  • Address: 8579 State Highway 31 W, Athens, TX 75751

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