SPECIAL/MULTIPLE-USE FACILITY- ASSISTED LIVING HOME

Special Purpose for Sale
Catylist Listing ID: 30677353
Building Size (RSF): 5,412 SF
Gross Building Area: See Agent
Sale Price: $650,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2021

Overview / Comments

140 County Road is a 5,412 SF property that is currently operated as an assisted living home, the assisted living license is transferrable to a new owner, or the home can be reallocated for non-assisted living, like a group home or a dorm for South Plains College. The layout is ideal with a large kitchen, laundry facility, and a large living room, a community room, and a communal bathroom with a hairdressing sink. Additionally, there are 12 standard rooms, 2 suites for a total of 14 rooms; each room features an ADA bathroom. The property offers a security system with code on doors and cameras. With a new roof in 2017 and a new grease trap in 2020, the property has been well-maintained by the current owner.

Situated on 1.5 acres, the property offers an opportunity for expansion. The property is outside the city limits but on city water and sewer.

PRIVATE SALE - DO NOT DISTURB EMPLOYEES, OWNER, OR RESIDENTS CALL AGENT FOR DETAILS

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: 26293

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,888 10,241 15,293
Median Age: 30.4 33.51 33.25
Households: 1,046 3,725 5,459

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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