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31746378
31458996

746 Alpine Dr, Kerrville, TX 78028 For Sale

No Longer For Sale
RA
CA 01738687
Matthews
CW
CA 02220548
Matthews
AH
Crexi Contact
Commercial Real Estate Exchange
Listed by Matthews, Commercial Real Estate Exchange
Unpriced
Updated 38 days ago
Closed

Vacant Senior Living | Skilled Nursing Healthcare Facility

68 Patient Rooms

Marketing description

For registration requirements and regulations, please review here or contact Audrey Hanna | 518-625-8581 | [email protected].

Introducing an exceptional opportunity in Kerrville, Texas - Kerrville Skilled Nursing Facility located at 746 Alpine Drive. This well-established property boasts a 35,280 SF building with 60 beds on a spacious 5.19-acre lot. Constructed in 1976, the facility features a concrete slab foundation, wood, rock, and brick exterior, and ample parking with 45 spaces. The vacant property is equipped with modern amenities, including HVAC units, wet & dry sprinkler systems, a 45-kilowatt emergency generator, and a 250-gallon grease trap. The demographic profile showcases a senior population in close proximity, offering a prime location for a skilled nursing or healthcare facility. With steady median household income and high population density within 5 miles, this property presents a lucrative investment opportunity. Don't miss the chance to own this investment property in the heart of Kerrville!!

· Non-Contingent

· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit

746 Alpine Dr, Kerrville, TX 78028

Investment highlights

  • Value-Add Redevelopment Potential – Situated on ±5.19 acres and zoned R-3, the property presents a compelling opportunity to redevelop or repurpose the site for a higher-density residential or alternative use, offering investors multiple avenues to create value beyond the property’s current configuration.
  • Accessible Kerrville Location – Located at 746 Alpine Drive with convenient proximity to Interstate 10 and Veterans Highway, providing regional accessibility within Kerr County and the broader Hill Country market.
  • Large Existing Improvements – The property features a single-story 35,280 SF layout with 75 beds, 45 parking spaces, and an existing institutional floorplan that may reduce redevelopment time and cost versus ground-up construction.

Listing Contacts

RA
CA 01738687
Matthews
CW
CA 02220548
Matthews
AH
Crexi Contact
Commercial Real Estate Exchange
Listed by Matthews, Commercial Real Estate Exchange

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