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Specialty Healthcare Investment

2 Properties Offered at $11,872,514 in Channelview, TX

Investment Highlights

  • Current infrastructure in High Demand.
  • Priced Substantially Below Replacement Cost.
  • Additional Shelters Needed + Critical Federal Program.
  • Opportunity to Stabilize Tenancy and Increase Value.
  • Increase of Value.

Executive Summary

Transwestern/CBRE has been retained on an exclusive basis by Montezuma Key, LLC and is pleased to offer for sale an 88% leased long term acute care hospital and three small multi-tenant medical office buildings strategically located at 15101/15055 Interstate 10 East in Channelview, TX. The 15101 building is fully leased to Southwest Key Programs (SWK). SWK is one of the largest, Latino-led nonprofit organizations in the United States. Since 1987, SWK has been on the front-line of social justice, youth advocacy, and immigration. For 37 years, SWK has created a culture of familia in fulfilling their service platform which includes: Youth and Family Services, Unaccompanied Children’s Programs, Workforce Development, Refugee & Migrant Technical Assistance Center, and Community Engagement. Charity Navigator gives Southwest Key a score of 96% in accountability and finance.

Property Facts

Price $11,872,514
Price / SF $108.44 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 10.50%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 109,489 SF
Total Land Area 15.44 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
15055 East Fwy, Channelview, TX 77530 Office 21,010 SF 1983 -
15101 Interstate 10 East
15101 Interstate 10 E, Channelview, TX 77530
Health Care 88,479 SF 1983 -
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  • Listing ID: 33217632

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: Specialty Healthcare Investment, Channelview, TX

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