Health Care and Medical Properties
204 5th Street NE Childress, TX 79201

Details & Description

Call for Pricing

DescriptionThis asset is prime for a value add renovation with average current rents well below the market rate for comparable properties. The current owner operates from a distant Fort Worth and as a result overspends on employee costs and is hindered in marketing.Highlights Control the rural market outside Amarillo. Significant upside with rents. Ability to easily turn existing assisted living facility into memory care to meet demand. Additional land to add additional assisted living facility.

Property ID: 161870
Property URL: melqr.com/161870
Generated: 04-30-24

Listing Agents

Marty Cleckler

O: 817-438-2575
M: 806-438-8500
mcleckler@westmarkcommercial.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Texas / Childress / 79201 / 204 5th Street NE

204 5th Street NE

Childress, TX 79201

Listing ID: 161870

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204 5th Street NE Childress, TX 79201 | for Sale | Photo 1

Building Size: 10,000 SF

Lot Size: 2.066 AC

Land Size: 89,994 SF

Building $/SF: --

Land $/SF: --

Price

Call for Pricing

Description

Description
This asset is prime for a value add renovation with average current rents well below the market rate for comparable properties. The current owner operates from a distant Fort Worth and as a result overspends on employee costs and is hindered in marketing.

Highlights

Control the rural market outside Amarillo.
Significant upside with rents.

Ability to easily turn existing assisted living facility into memory care to meet demand.
Additional land to add additional assisted living facility.

Attachments & Files

offeringmemorandum-1-5nZ.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Listing Demographics for 204 5th Street NE Childress, TX 79201

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,189	5,045	5,741
Population Median Age		40	37	37
Population by Age	0-9 Yrs	144 (12%)	663 (13%)	672 (11%)
	10-19 Yrs	91 (7%)	587 (11%)	607 (10%)
	20-29 Yrs	222 (18%)	964 (19%)	1331 (23%)
	30-39 Yrs	210 (17%)	931 (18%)	1094 (19%)
	40-49 Yrs	86 (7%)	268 (5%)	344 (5%)
	50-59 Yrs	163 (13%)	558 (11%)	571 (9%)
	60-69 Yrs	128 (10%)	473 (9%)	501 (8%)
	70+ Yrs	145 (12%)	601 (11%)	623 (10%)

Median HH Income		$38,460	$38,725	$38,866
Total Household Income	< 24K	164 (32%)	541 (27%)	546 (27%)
	25-49K	138 (27%)	628 (32%)	635 (32%)
	50-74K	114 (22%)	402 (20%)	406 (20%)
	75-99K	23 (4%)	107 (5%)	111 (5%)
	100-199K	57 (11%)	239 (12%)	247 (12%)
	200K+	2 (0%)	21 (1%)	23 (1%)

Highest Education Level	No Diploma	150	621	693
	Diploma or GED	308	1294	1522
	Some College	130	648	796
	Assoc. Degree	82	228	256
	Bachelors Degree	166	517	538
	Higher Degree	47	120	124

Total Housing Units		579	2,311	2,357
--Owner-Occupied		252	1,057	1,080
--Renter-Occupied		245	881	888
Owner-Occupied Values	< 100K	199	767	779
	100-199K	35	247	251
	200-299K	10	16	19
	300-399K	4	8	11
	400-499K	0	0	0
	500K+	3	18	20

Total Working Age Population		982	4,032	4,709
In Work Force		610	2,698	2,746
Not In Work Force		372	1,333	1,963
Workforce Employed		561	2,411	2,449
Workforce Unemployed		49	287	297
Civlian Workforce		610	2,698	2,746
Military Workforce		0	0	0

Total Households		497	1,938	1,968
Family Households		261	1,229	1,255
Non-Family Households		236	709	713
Married Couple		202	877	898
Other Family		59	352	356
Married w/Child		80	340	348
Single Male w/Child		6	70	71
Single Female w/Child		17	95	95

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Childress County	7,688	-8	7,041	0	7,062	-1	6,985

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the building size of this Health Care property in Childress, TX?

The size of the building/unit at 204 5th Street NE in Childress is 10,000 square feet

How much land does the Childress, TX property at 204 5th Street NE include?

204 5th Street NE in Childress includes 2.066 acres of land

What kind of Health Care is the propery at 204 5th Street NE?

The property at 204 5th Street NE Childress, TX 79201 is listed as a Assisted/Senior Living Health Care property

What is the population within 1 mile of 204 5th Street NE in Childress?

The population within 1 mile of 204 5th Street NE Childress, TX 79201 is 1,189 people.

Who do I contact for questions about 204 5th Street NE?

You should contact the listing agent, Marty Cleckler, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Rick Husband Amarillo International Airport (AMA)	102
Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS)	102
Lubbock Preston Smith International Airport (LBB)	107