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Online Classified Advertising

Rare Opportunity: Medical/Multi Use Prop. Auction

On January 23, 2013 at 11:00 a.m. AmeriBid will be offering three parcels for auction. The parcels include a four story, 108,990± sf building at 7505 & 7525 Scyene Rd., a two story 8,666+/- sf building at 7525B Scyene Rd. and 1.49+/- acres of land directly north of the 7525 B property. The buildings were formerly a hospital, but could be utilized for other purposes, including but not limited to a furlough house, low income housing, or a school. There is seller financing available to qualified buyers and extensive personal property including office and kitchen equipment. Further, there are multiple economic incentives associated with the property. They include tremendous tax incentives based on development and use, including the Tax Increment Financing district, Renaissance tax advantages, transferable tax credits and perhaps others. In addition, the facility qualifies as an MAA-approved LTAC (or LTACH) facility so a buyer may take advantage of the subsidies and incremental revenue associated with this designation. Property Address: 7505, 7525 & 7525B Scyene Rd., Dallas, TX 75227 On-Site Auction: Tuesday, January 23 at 11:00 a.m. Please visit our website for more individual lot information: http://www.ameribid.com/upcoming-auctions/auction-detail/?id=193337

Location

Dallas, Texas

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