Online Auction – Great Redevelopment Opportunity

Former Care Facility – Great Redevelopment Opportunity

Lender Acquired Facility Previously Valued over $2.4 million – Set Your Price!

This adaptable property features the traditional 6-Wing design off the center hub of the building. All ground floor units of the former acute nursing facility create ease of patient/client management along with lowered maintenance costs for the operator. The site has been utilized most recently as an Intermediate Care Facility for Intellectually and Physically Disabled Individuals (ICF-ID) Level 5 Care. The current ownership obtained the assets through foreclosure and has employed Tranzon to immediately auction the facility and grounds, creating an amazing opportunity for numerous uses.
Previous capacity was approximately 100 residents in 50+/- double-occupancy rooms, however added capacity may well be available by reverting several current offices suites back into patient/client care quarters. As currently configured the improvements include nine office suites, four standard and handicapped accessible shower areas, a full commercial kitchen, dining facility for over 100, fenced rear grounds, patio & outside lounge areas, community gathering rooms and treatment areas. The building has redundant power supply including a Generac SD20, 20 KW, backup generator.
The facility is ideal for numerous uses, particularly as a drug and alcohol treatment center (the rural location is a significant positive feature), childhood foster care residence or intermediate treatment facility, assisted living residence, boarding house/B&B or similar or complete conversion to other uses. Building Plans and Property Information available and the improvements are considered in generally sound condition, with all assets being sold as is.

• Perfect Redevelopment for Substance Abuse, Foster Care, Boarding House Facility or Assisted Living Use
• Near Acute Care Hospital w/1.85 Acres, Ample Parking & Good Condition
• 21,644 SF +|- with approx. 100 patient/client capacity that could be configured higher for appropriate need
• Central Gathering/Community Room Areas, Intake, Reception & multiple Administration Offices
• Full Commercial Kitchen Area and Large Dining Room for 100 person capacity
• Room for Expansion on large 1.857 ac Site
• Originally Constructed in 1978 with Well-Maintained History & Usage
• Former Nursing Home & Intermediate Care Facility
• Approx. 235’ Road Frontage on Columbia St
• Dual Ingress/Egress Driveways, Paved Parking, Outside Grounds
• Topography: Generally, Level and at Street Grade

Online bidding ends August 24th at 3:30 PM CT
Inspection: July 13th at 12:00 PM CT

Property Address: 1101 Columbia Street, Stamford, Texas 79553

Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply.

Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

Name of Property: Commercial Highway Lots for sale
Acreage: .75 Acres
Location: Highway 31, Krebs Subdivision
Closest Town: McAlester, OK
Access: State Highway 31
Taxes: $313.89/2022
Topography: Gently rolling
Utilities: Electric, water, city sewer, and natural gas
Comments
These three Commercial Lots are located on Highway 31 in Krebs, Oklahoma just on the east side of McAlester, Oklahoma. These three lots may be purchased separately or all together. The total land size is 33,000 square feet. Utilities servicing the property are city water, PSO Electric, city sewer, and natural gas. Highway 31 receives a high traffic count from local traffic going to a from work and non-local traffic from out of the area that is passing through.

The property is approximately two blocks from Pete’s Italian Restaurant that was established in the 1920s, and just a few blocks from Roseanna’s Italian Restaurant that is long established.

City of McAlester Demographics
As of the 2010 census, there were 18,383 people, 7,196 households, and 4,187 families residing in the City. The population density was 1,149.9 people per square mile (437.6/km²). There were 7,685 housing units at an average density of 614.8 per square mile (181.5/km²).

The racial makeup of the city was 70.4% white, 7.1% African American, 12.7% Native American, 0.7% Asian, 0.1% Pacific Islander, 2.1% from other races, and 6.9% from two or more races. Hispanic or Latino of any race was 6.5% of the population.

Household Makeup
Of the 7,196 households, 22.1% had children under the age of 18 living with them, 46.6% were married couples living together, 13.7% had a female householder with no husband present, and 36.4% were non-families. 33.7% of all households were made up of individuals and 15.7% had someone living alone who was 65 years of age or older. The average household size was 2.16 and the average family size was 2.93.

In the City the population was spread out with 22.1% under the age of 18, 72.2% from 18 to 64, and 15.7% who were 65 years of age or older. The median age was 38 years. For every 100 females there were 104.4 males.

Income
The median income for a household in the city was $37,450, and the median income for a family was $36,480. Males had a median income of $31,637 versus $17,849 for females. The per capita income for the city was $20,406. About 16.1% of families and 17.3% of the population were below the poverty line, including 26.8% of those under age 18 and 11.6% of those aged 65 or over.

City of Krebs Demographics:

https://oklahoma.hometownlocator.com/ok/pittsburg/krebs.cfm#demographic

Pittsburg County Demographics:

https://www.census.gov/quickfacts/pittsburgcountyoklahoma

Call Sandy Brock Bahe at 918-470-4710 or Toll Free at 844-WCR-LAND for additional information or to view.