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19824 S Butte Rd
Beavercreek, OR 97004

Health Care Property For Sale · 14 Beds

Executive Summary

Cushman & Wakefield, as exclusive agent for Seller, is pleased to offer for sale the fee simple interest in 19824 S Butte Rd. Until September of 2023, the property was fully operational and licensed for ITS psychiatric residential treatment by the Oregon Health Authority and Department of Health Services, providing a wide range of both inpatient and outpatient services to the local community. For reasons unrelated to the property, the operator has elected to close the facility and let the license, which was in good standing with the State of Oregon, expire. The property is now being offered for purchase to qualified prospects. The prior operator was not required to obtain a Conditional Use Permit (CUP) as the use was allowed by right. This accommodative zoning will accelerate and streamline any licensing process. New owner to independently verify. The recent capital improvements and previous licensure provide a unique opportunity for a new operator to acquire an existing facility that can quickly be reopened at a fraction of the time and cost to
build ground-up.
There is abundant excess land to expand or develop new facilities on the 14.14 acre site. In addition to the primary building, the property also features a 17 Horse stall barn with 72x132ft arena, viewing room and a club house, a 20x30ft greenhouse,
herb garden and raised gardening beds.
In April 2024, The Oregon Health Authority (“OHA”) allocated $1.35 billion to transform the state’s behavioral health (“BH”) system. The BH division of the OHA is prioritizing the funding for drug treatment/recovery services and residential settings for mental health treatments. The Property is ideally positioned to excel within both service lines. Additionally, the OHA has established expanded services for the transformation and funding of BH workforce compensation, retention, and recruitment as well as coordination to provide better access to care through support and crisis hotlines. The new owner will be able to capitalize on these state funded initiatives to operate smoothly and drive census growth.
The property has the potential to deliver significant returns and make a positive impact on the community it serves. The property’s existing infrastructure, strategic location, and readiness for a new license provide a robust foundation for a successful operation.

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Rehabilitation Center
Building Class C
Lot Size 14.14 AC
Building Size 4,595 SF
No. Beds 14
No. Stories 3
Year Built 1963

Amenities

  • Wheelchair Accessible

zoning

Zoning Code AGF
AGF
  • Listing ID: 32015267

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 19824 S Butte Rd, Beavercreek, OR 97004

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