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7235 N Loop Dr - Commercial Exposure 3/4 Acre w3 bldgs@ N Loop

7,723 SF Health Care Building Offered at £532,644 in El Paso, TX 79915

Investment Highlights

  • Potential Owner Financing with 50% Down
  • Great Investment Opportunity
  • Very well maintained & managed Assisted Living Center

Executive Summary

Great Location N Loop & Hawkins .73 Acres. Was Assisted Living Center READY TO OPERATE POTENTIAL OWNER FINANCING ... Licenses & Inspections current. Price includes many improvements made to the property to serve as assisted living center. In operation for over 7 years, and licensed for 16 residents, closed 3/1 due to Owners retiring. Each room has own temp control AC/Heating (split systems). 2 HVAC units for main common area. Assisted Living is 5554 SqFt +360 SF storeroom. Commercial kitchen, sprinker system, backup power. Guest parking lot. Property has a 2nd building 2,700 SF for a separate business occupant. Rear metal building (Newer) currently has a machine shop.
Main Bldg - Assisted Living 8 bedrooms 5 bathrooms, 2nd Bld - 2 Offices, was Janitorial company, Metal frame shop Rear Bldg

Attachments

Assist Living Floor Plan
Pro Forma P & L -Assisted Living
Exhibit 'A' 7235 N Loop Dr survey

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £532,644 Building Size 7,723 SF
Price Per Bed £35,510 No. Beds 15
Sale Type Investment or Owner User Number of Floors 1
Property Type Health Care Year Built/Renovated 1957/2009
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Skilled Nursing Facility
 Parking Ratio 1.81/1,000 SF
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.73 AC
Price £532,644
Price Per Bed £35,510
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 0.73 AC
Building Size 7,723 SF
No. Beds 15
Number of Floors 1
Year Built/Renovated 1957/2009
Parking Ratio 1.81/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Wheelchair Accessible

Room Mix Information

Description No. Beds
Assisted living (Operating) 15
Offices / Whse space 0
Shop/ Metal building 0
1 of 1

PROPERTY TAXES

Parcel Number P174-999-0010-2600 Total Assessment £420,802
Land Assessment £67,314 Annual Taxes -£1 (£0.00/sf)
Improvements Assessment £353,488 Tax Year 2023

PROPERTY TAXES

Parcel Number
P174-999-0010-2600
Land Assessment
£67,314
Improvements Assessment
£353,488
Total Assessment
£420,802
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code C-1 (Neighborhood Commercial)
C-1 (Neighborhood Commercial)
(915) 777-6642

Contact

  • Listing ID: 30664917

  • Date on Market: 15/01/2024

  • Last Updated:

  • Address: 7235 N Loop Dr, El Paso, TX 79915

The Health Care Property at 7235 N Loop Dr, El Paso, TX 79915 is currently available for sale. Contact Empire Realty for more information.

Nearby Listings

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Side #1
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Yard for Residents
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Entrance Assist Living
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Kitchen
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Front Listing photo
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Assisted Living Common Area
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Yard
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Kitchen
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Common Area #2
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Dining
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Assisted Living outdoor Patio
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Bldg #2 courtyard
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Rear Assisted Living
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Assisted Living Vistor Parking
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Exterior Rear Whse 2nd Bldg
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Metal Bldg - Copy
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Rear Assisted Living #2
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Covered area Metal Bldg 3rd Bldg
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Office #1 2nd Bldg - Copy
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Office#2 2nd Bldg
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Rear Entry Drive to Metal Bldg 3rd Bldg
7235 N Loop Dr, El Paso, TX for sale Interior Photo- Image 30 of 38
Shop in Whse 2nd Bldg
7235 N Loop Dr, El Paso, TX for sale Building Photo- Image 31 of 38
Side Right #2 Parking
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Split Systems
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Storage for Assisted Living 360sqFt
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Storage Whse 2nd Bldg
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Washroom 2nd Bldg
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Parking Visitor
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7235 N Loop Dr - Commercial Exposure 3/4 Acre w3 bldgs@ N Loop
(915) 777-6642 x

7235 N Loop Dr - Commercial Exposure 3/4 Acre w3 bldgs@ N Loop

Chris Banitch

(915) 777-6642

(915) 777-6642

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