The Opportunity
ERE Healthcare Real Estate Advisors (ERE) has been retained by ownership to offer qualified investors the exceptional opportunity to acquire the Covenant Specialty Hospital (the “Property” or “Hospital”), a 53,394 square foot long-term acute care hospital (LTACH) with 56 patient beds. Located in Lubbock, TX, a medical and commercial hub between Dallas-Fort Worth, TX and Phoenix, AZ, the facility provides a comprehensive range of inpatient care services through state-of-the-art support, specialized treatment programs, and aggressive clinical and therapeutic intervention, facilitating a timely recovery for patients.
The Property is leased to Covenant Health System, the largest healthcare provider in the west Texas and eastern New Mexico region, under a long-term net lease. Covenant Health operates as a division of the St. Joseph Health System. Covenant Specialty Hospital functions as one of the four primary facilities for Covenant Health and is located in immediate proximity to the Covenant Medical Center and the Covenant Medical Center-Lakeside Campus, boasting a combined 553 patient beds.
Opportunity Highlights
Call for Offers Date: December 20th, 2017
Submit Offers to: Randy Egenbacher, CCIM | randy.e@ereadv.com
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