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Commercial: 418 N Rusk St Wharton, TX Wharton

$295,000
Property type: Commercial

Description

80 Room Assisted Living Facility in Wharton, TX. 45 minutes from Sugar Land

ONLY $295,000!

Property sits on 2 acres of land, in a highly populated area of Wharton. A complete overhaul is needed and it’s fully vacant. Potential for NNN Lease opportunities.

Estimated ARV $7.5mm at 7% cap (on a NNN lease case scenario)

Under an hour away from Sugar Land, TX, a fairly large populated city

Address: 418 N Rusk St., Wharton, TX

OWNER FINANCING AVAILABLE AT 15% DOWN, 6%

CONVENTIONAL BANK FINANCING AVAILABLE AS WELL!

Conventional Bank Financing: Up to 80% of the cost of purchase and rehab. 5% to 6% per year, 20 year amortization available.

Hard money Available: Up to 100% Financing, no down payment. Can include 100% of purchase and repaits.

Please send me an email Boris@sanmore.com for more information.

CALL JOEL at 713-458-8686 for more information or reply to this email!

 

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