600 East California Avenue
Walters, OK 73572, Cotton County
52
Beds
17
Baths
12,586
Sq. Feet
Opening Bid
$175,000
Opening Bid
$175,000
600 East California AvenueWalters, OK 73572, Cotton County
52
Beds
17
Baths
12,586
Sq. Feet
490 Views
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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Deed Type
Special Warranty Deed
Title Insurance Paid by
Refer to Purchase Agreement
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Additional Documents
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Transaction Details
- By submitting a bid or offer, Buyer agrees to sign the Purchase Documents in compliance with the Participation Terms. The Seller is not bound to any agreement with Buyer until the Purchase Documents have been signed by both parties.
Auctioneer Licensing Information
Auction.com, Inc. – License No. 175596 (RE Broker),
Lee Leslie – License No. 149227 (RE Broker)
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