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418 N Rusk Houston

$295,000
Property type: Rehab Off-Market

The space

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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

Please email us for information on showings and financial evaluation at Joel@sanmore.com and call us at 713.458.8686