Opening Bid
$175,000
Opening Bid

$175,000

600 East California Avenue

Walters, OK 73572, Cotton County

52

Beds

17

Baths

12,586

Sq. Feet
490 Views
Property Description
52 beds Nursing Home/Healthcare Building on 2.25 acres Property Highlights: Attractive residential Area Large Property on Large Lot with many possible uses Redevelopment or Reuse Opportunity Priced to sell well Below Fair Market Value Great location 0.6 miles from Downtown Walters and part of Lawton OK Metro area (population 130,321) Great investment opportunity: 12,586 SF Healthcare building close to Downtown Great capital appreciation and income potential. Nursing Home with excellent operating income potential. Built in 1966, the property is a former nursing home. It can accommodate in its three wings 52 beds in 26 rooms and has 17 restrooms and three main shower rooms in total. Additionally, there are many outbuildings. The one-story brick building sits on 2.25 acres in a great location, 0.6 miles from Downtown Walters in a pleasant residential area. Sold with clear title - No back taxes or liens - Warranty deed Features: Brick building with nice red shingles Modern design Reception areas and medical subdivisions Parking lot Medical equipment connections, furniture and facilities 52 beds facility and 17 bathrooms Downtown location storage area outdoor sheds sprinkler system 2.25 acres Great Investment Opportunity- Suitable for a variety of uses: This is a great redevelopment or reuse opportunity. The property has been used as a nursing home and is ideal for reuse as a nursing home, assisted living or Senior/ elderly care retirement accommodation as it is already equipped for such uses and consequently offers great potential as it could be adapted to such uses with minimal time and cost. Real Estate Taxes: Cotton County, OK parcel ID: 0024-11-002-025-0-010-00 Low real estate taxes- Total yearly taxes: 2024 : $823.00 PROPERTY IS SOLD AS IS, WHERE IS- WARRANTY DEED - CLEAR TITLE - NO BACK TAXES – NO LIENS... read more ↓
Accepted Payment Type
Cash
Accepted Contingencies
None
Earnest Money Deposit
5% ($2,500 min)
Additional Documents
Review additional documents here.
Buyer's Premium
5% or $2,500
Listing Agent - Eli Hurrell
(715) 685-8131
Mr. Hurrell Real Estate
Online Auction - Now Bidding!
Bidding Ends In
8d 6h
Opening Bid
$175,000
Bid Increment
$50,000
Reserve Not Met

Important Information

Property Details

Beds
52
Baths
17
Square Footage
12,586
Lot Size (Acres)
2.2
Property Type
Other
Year Built
1966
Special Notes
52 beds Nursing Home/Healthcare Building on 2.25 acres Property Highlights: Attractive residential Area Large Property on Large Lot with many possible uses Redevelopment or Reuse Opportunity Priced to sell well Below Fair Market Value Great location 0.6 miles from Downtown Walters and part of Lawton OK Metro area (population 130,321) Great investment opportunity: 12,586 SF Healthcare building close to Downtown Great capital appreciation and income potential. Nursing Home with excellent operating income potential. Built in 1966, the property is a former nursing home. It can accommodate in its three wings 52 beds in 26 rooms and has 17 restrooms and three main shower rooms in total. Additionally, there are many outbuildings. The one-story brick building sits on 2.25 acres in a great location, 0.6 miles from Downtown Walters in a pleasant residential area. Sold with clear title - No back taxes or liens - Warranty deed Features: Brick building with nice red shingles Modern design Reception areas and medical subdivisions Parking lot Medical equipment connections, furniture and facilities 52 beds facility and 17 bathrooms Downtown location storage area outdoor sheds sprinkler system 2.25 acres Great Investment Opportunity- Suitable for a variety of uses: This is a great redevelopment or reuse opportunity. The property has been used as a nursing home and is ideal for reuse as a nursing home, assisted living or Senior/ elderly care retirement accommodation as it is already equipped for such uses and consequently offers great potential as it could be adapted to such uses with minimal time and cost. Real Estate Taxes: Cotton County, OK parcel ID: 0024-11-002-025-0-010-00 Low real estate taxes- Total yearly taxes: 2024 : $823.00 PROPERTY IS SOLD AS IS, WHERE IS- WARRANTY DEED - CLEAR TITLE - NO BACK TAXES – NO LIENS

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