House size: 53,000 sqft (4,923.7 m2), Lot size: 4.99 sqft (0.46 m2)
, MLS#: 20125890
This property is currently an active skilled nursing facility. The replacement facility is under construction with expected completion in early 2023. Seeking to sell land and building. Sale and leaseback options are available. The subject property is located near two churches, the North Texas Fairgrounds and Denton Shopping Center on University Dr. A bus stop is nearby. The building is 53,000 +or- sq ft and is located on 4.994 acres.
There is a $3,500,000 loan on this facility. It is a Non-Recourse Assumable Loan at a 2.5% Interest, which the buyer must qualify for. The original structure was built in 1969—29,235 Sqft. Addition of 30 bedrooms, 3 shower rooms, large dining or activity room, 2 enclosed courtyards, more offices, and maintenance office in 1985—19,174 sqft. Front entrance area with 11 offices, 2 Meeting or Activity rooms, and 2 enclosed courtyards in 1995—4,350. -Go to Virtual Tour URL for the link to Landing Page...