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4201 William D Tate Ave - Former Sagecrest Hospital

64,931 SF Health Care Building Offered at $9,700,000 in Grapevine, TX 76051

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Executive Summary

Vacant former LTACH, turnkey for inpatient uses. Due to facility logistics, layout, and zoning, the Property is an ideal candidate for conversion to behavioral health, substance use disorder, high acuity mental health, dual diagnosis care, inpatient eating disorder care, memory care, geriatric psychiatric services, staff-secure SMI care, and various other alternative care settings and services. Pricing guidance is $150 PSF.

4201 William D Tate Ave_CBRE OM

Property Facts

Price	$9,700,000	Lot Size	4.02 AC
Price Per Bed	$161,667	Building Size	64,931 SF
Sale Type	Investment or Owner User	No. Beds	60
Sale Conditions	High Vacancy Property	No. Stories	2
Property Type	Health Care	Year Built	2007
Property Subtype	Hospital	Tenancy	Single
Building Class	B	Parking Ratio	2.25/1,000 SF

Price	$9,700,000
Price Per Bed	$161,667
Sale Type	Investment or Owner User
Sale Conditions	High Vacancy Property
Property Type	Health Care
Property Subtype	Hospital
Building Class	B
Lot Size	4.02 AC
Building Size	64,931 SF
No. Beds	60
No. Stories	2
Year Built	2007
Tenancy	Single
Parking Ratio	2.25/1,000 SF