Skilled Nursing Facility and
6900 Wolflin Ave, Amarillo, TX 79106
60-bed nursing facility, townhomes, and land tracts for sale.
Type:Senior Living
Property size:
42,635 SFLot size:
3.71 AcresPrice / SF:
$153/SF- Added:
- Oct 5, 2023
- Days on Market:
- 975
- Last Refresh:
- May 12 at 8:52 pm
Property Features for 6900 Wolflin Ave
General Information
- Standard status
- Active
- Size
- 42,635 SF
- Lot size
- 3.71 Acres
- Property subtype
- Senior Living
Listing agent Ben Whittenburg License #TX SA664767000
Listing office Gaut Whittenburg Emerson CRE
Listing date Oct 5, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Gaut Whittenburg Emerson CRE
HighLights
- Move‑in ready, recently renovated 60‑bed skilled nursing facility.
- Ideal layout with central nursing station and four wings.
- Includes fully equipped commercial kitchen, dining room, laundry facility, and PT area.
- Each suite has a private restroom with shower and individual climate control.
- Protected by fire suppression system and security alarm with key fob access.
- Backup power supplied by a diesel generator.
Overview
This property features a 42,635 square foot, 60-bed skilled nursing facility situated on 3.71 acres, along with six townhomes and two land tracts. The nursing facility has been recently renovated and is move-in ready. It features a central nursing station branching out into four wings, each with its own nursing station. The facility includes a fully equipped commercial kitchen, dining room, laundry facility, physical therapy area, private offices, break room, conference room, and day room. Each suite has its own restroom with a shower and individual climate control. The facility is protected by an overhead fire suppression system and a security alarm system with cameras and key fob controlled access. A diesel generator provides backup power. The facility received a new roof in 2015 and a full remodel in 2018, including new HVAC systems, plumbing, paint, and carpet. The six townhomes include: a 2,298 square foot unit with 3 bedrooms, 2.5 bathrooms, and a 2-car garage that is currently vacant with an unfinished interior but does have the mechanical and plumbing in place; a 2,163 square foot unit with 3 bedrooms, 2.5 bathrooms, and a 2-car garage that is currently leased for $1,600/month; a 1,991 square foot unit with 3 bedrooms, 2.5 bathrooms, and a 2-car garage that is currently vacant and needs carpet and paint; a 2,470 square foot unit with 3 bedrooms, 2.5 bathrooms, and an oversized 2-car garage that is currently leased for $1,500/month; a 2,458 square foot unit with 3 bedrooms, 2.5 bathrooms, and a 2-car garage that is currently leased for $1,500/month; and a 2,510 square foot unit with 3 bedrooms, 2.5 bathrooms, and a 2-car garage that is currently leased for $1,200/month. One land tract is 31,500 square feet with frontage on both Medipark Drive and Phil Langden Blvd. The other is 65,000 square feet with frontage on Wolflin Avenue, Phil Langen Blvd., and Medipark Drive. City water and sewer run down Phil Langen Blvd. The property is located across W. Amarillo Blvd from both BSA and NWTX Hospitals.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $869.8k | $20.40 |
| − Vacancy | −$78.3k | −$1.84 |
| EGI | $791.5k | $18.56 |
| − OpEx | −$316.6k | −$7.43 |
| NOI | $474.9k | $11.14 |
42,635 SF · lease $20.40/SF/yr · vacancy 9.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$6.78M
$5.94M – $7.91M
NOI $474,886 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.52M
$8.33M – $11.11M
NOI $666,334 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Nursing homes
Similar Places Nearby
- Vista Care Inc — 7116 I-40 Frontage Rd ste b, Amarillo, TX 79106
- Texas Health Management — 2005 Coulter St S, Amarillo, TX 79106
- AccentCare | Hospice & Palliative Care - Greater Amarillo — 1934 Medi Park Dr, Amarillo, TX 79106
- Enhabit Hospice — 7120 I-40 Suite 300A, Amarillo, TX 79106
- BSA Hospice of the Southwest - Inpatient Unit — 1910 Medi Park Dr, Amarillo, TX 79106
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.9161632
- Latitude
- 35.1919244
Nearby Similar for Sale
FAQs
What type of property is this?
Nursing home - 60-bed nursing facility, townhomes, and land tracts for sale.
Where is this nursing home located?
The property is located at 6900 Wolflin Ave Amarillo, TX.
What is the asking price?
The asking price for this property is $6,537,000.
What are key features of this property?
This property features: Move‑in ready, recently renovated 60‑bed skilled nursing facility.; Ideal layout with central nursing station and four wings.; Includes fully equipped commercial kitchen, dining room, laundry facility, and PT area.
