6808 Chapman Dr North Richland Hills, TX 76182
This exceptional 4,392 square foot childcare facility is available for purchase in the thriving North Richland Hills, Texas market. Located at 6808 Chapman Dr, 76182, this single-story building sits on a 0.46-acre lot and boasts six classrooms, nine restrooms, a dedicated office, a fully equipped kitchen, and an outdoor playground area. Completely renovated in 2024, the property is ready for immediate occupancy, with an occupancy date of May 1, 2024. The building features a total of 4,392 square feet of net rentable space, priced at $261.84 per square foot, for a total asking price of $1,000,000. The property previously held a license for a capacity of 115 children. Rent bumps are included in the lease terms. This investment opportunity is further enhanced by its strategic location within five miles of a newly opened theme park, promising significant growth potential and increased demand for childcare services in the area. The property was originally built in 1975, ensuring a solid foundation for continued success. This turnkey operation presents a rare chance to acquire a well-established and profitable childcare center in a rapidly developing community. The property consists of one building with one unit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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