401 Moss StEastland, TX 76448

For Sale
$250,000

16,188 SF, 56 Beds, Opportunity Zone

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 16,188 square foot assisted living facility, located at 401 W Moss St in Eastland, Texas, presents a unique investment opportunity. Built in 1969 and renovated in 1979, the single-story property sits on a 16,188 square foot lot and includes 20 parking spaces. The facility boasts 28 rooms with a capacity for 56 beds, offering significant potential for redevelopment or continued operation as a senior living community. The property is structurally and mechanically sound, requiring only modest repairs and cosmetic updates. All furniture, fixtures, and equipment are included in the sale price of $250,000. This translates to a price per square foot of $15.44 and a price per unit of $250,000. Strategically located just 1.2 miles from the Eastland Municipal Airport, this property benefits from its location within a 2018 designated Opportunity Zone, offering potential tax advantages for investors. This is a rare chance to acquire a well-positioned assisted living facility in a growing Texas market. The property is ready for a new owner to capitalize on its existing infrastructure and prime location. Serious inquiries are encouraged.

Highlights

  • 16,188 SF assisted living facility on a 16,188 SF lot in Eastland, TX.
  • Single-story building with 28 rooms (56 beds), built in 1969, renovated in 1979.
  • 20 parking spaces.
  • $250,000 sale price, including FF&E; $15.44/SF; $4,464/bed.
  • Located in a 2018 Opportunity Zone, 1.2 miles from Eastland Municipal Airport.
  • Structurally sound, requiring only minor repairs and cosmetic updates.

Property Details for 401 Moss St

Property type
Other specialty properties, Retirement homes
Square Feet
16,188 SF
Year Built/Renovated
1969/1979
Stories
1
Units
1

Location Insight

City
Eastland
County
Eastland
State
Texas
Latitude
32.4050726
Longitude
-98.821073
401 Moss St, Eastland, Texas

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401 Moss St
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