ATTENTION: MEDICAL FACILITY OWNERS, SENIOR LIVING & REAL ESTATE INVESTORS!
28,835+/- Sq. Ft. Facility on 1.96+/- Acres ~ Former Skilled Nursing & Rehabilitation Facility Located Directly Across from Southwest Regional Hospital ~ SELLING REGARDLESS OF PRICE ON AUCTION DAY!
REAL ESTATE DESCRIPTION: The Former Oaklawn Estates Skilled Nursing Facility Offers a 28,835+/- Sq. Ft. Former Nursing & Rehab Facility on 1.96+/- Acres Directly Across from Southwest Arkansas Regional Hospital in Hope, Arkansas ~ Oaklawn was Formerly Operated as a 100-Bed Facility w/ 50 Private Rooms & 4 Separate Resident Wings ~ Large Common Area w/Full Dining Facilities ~ Kitchen Appliances Convey ~ Full Facility Sprinkler System Throughout (will need repairs) ~ Multiple Courtyards & Large Paved Parking Lot w/Multiple Access Points ~ Large CAT Full Facility Generator ~ Located within the Opportunity Zone ~ This is a Unique Property w/MANY Potential Uses & it is SELLING REGARDLESS OF PRICE ON THE DAY OF AUCTION! ~ Offers Made Prior to Auction Day are Welcome!
INSPECTION: Property can be Viewed by Appointment Only ~ Call Agent Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com for more information ~ Auctioneers will be On-site at 2:00 p.m. on Auction Day.
CLOSING COMPANY: Hempstead County Abstract ~ Closing Agent: Pat Harris ~ 116 E. 2nd Street, Hope, Arkansas 71801 ~ (870) 777-2351.
REAL ESTATE TAXES FOR YEAR 2024: $12,282.00
TERMS: $50,000.00 Cashier’s Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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