698 North Beaulah St - The Gardens
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698 North Beaulah St - The Gardens
37,000 SF Health Care Building Offered at £1,799,635 at a 10.43% Net Initial Yield in Hawkins, TX 75765
Investment Highlights
- P&L are under documents
Executive Summary
There are four buildings. 648,698, 830, 840 North Beaulah Street. 830 and 840 North Beaulah Street are located on separate tracts
of land from 698 and 648 North Beaulah Street. 830 and 840 each has 16 beds each. 648 and 698 have 8 beds each. All four are
licensed with State of Texas Health and Human Services.
There is a separate tract which is ground leased to Veterans of Hawkins for Veterans Memorial. They pay taxes on the land. Lastly, I
am calling an REO sale because Carroll Partners owns the property and has decided to sale.
of land from 698 and 648 North Beaulah Street. 830 and 840 each has 16 beds each. 648 and 698 have 8 beds each. All four are
licensed with State of Texas Health and Human Services.
There is a separate tract which is ground leased to Veterans of Hawkins for Veterans Memorial. They pay taxes on the land. Lastly, I
am calling an REO sale because Carroll Partners owns the property and has decided to sale.
Property Facts
| Price | £1,799,635 | Building Size | 37,000 SF |
| Price Per Bed | £37,492 | No. Beds | 48 |
| Sale Type | Investment or Owner User | Number of Floors | 1 |
| Net Initial Yield | 10.43% | Year Built | 2000 |
| Sale Conditions | REO Sale | Parking Ratio | 1.6/1,000 SF |
| Property Type | Health Care | Cross Streets | Glazner |
| Property Subtype | Assisted Living | Opportunity Zone |
Yes
|
| Lot Size | 12.77 AC |
| Price | £1,799,635 |
| Price Per Bed | £37,492 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 10.43% |
| Sale Conditions | REO Sale |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Lot Size | 12.77 AC |
| Building Size | 37,000 SF |
| No. Beds | 48 |
| Number of Floors | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.6/1,000 SF |
| Cross Streets | Glazner |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | R11791 | Improvements Assessment | £1,073,459 |
| Land Assessment | £32,135 | Total Assessment | £1,105,594 |
PROPERTY TAXES
Parcel Number
R11791
Land Assessment
£32,135
Improvements Assessment
£1,073,459
Total Assessment
£1,105,594
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Presented by
Osma Carroll
698 North Beaulah St - The Gardens
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