The Texas Healthcare Boom

Texas is experiencing an exceptional healthcare boom, driven by explosive population growth and significant demographic shifts. This creates a unique landscape promising investment opportunities in the medical sector.

Population Surge and Aging Demographics: The Perfect Storm

Texas ranks first in the nation for population growth, adding nearly half a million residents between July 2022 and July 2023. This influx and an aging population are straining our state’s healthcare system. By 2030, more than 1 in 5 Texans will be over 60, a 25% increase from 2012.

The Healthcare Workforce Crisis

The booming population has worsened and led to healthcare workforce shortages, according to the Texas Hospital Association,

• Texas was short over 6,000 doctors and 29,000 nurses in 2020, and this is expected to double by 2032
• Over 80% of Texas counties have been struggling with mental health professional shortages in their areas.
• About 40% of Texas counties’ primary care needs are unmet

The Medical Office Building (MOB) Opportunity

As healthcare providers scramble to expand facilities and attract skilled professionals, savvy investors are turning to medical office buildings (MOBs) as lucrative investment opportunities. These properties offer substantial returns with long-term stability, provided they’re well-maintained and strategically upgraded.

Why Invest in MOB Upgrades?

1. Energy Efficiency: LED lighting can reduce energy consumption by up to 75% and last 25 times longer than incandescent bulbs. Efficient HVAC systems can cut energy costs by 30-50%.
2. Future-Proofing: Implementing high-speed internet and telemedicine capabilities can attract tech-savvy healthcare tenants.
3. Targeted Renovations: Focus on key areas like waiting rooms and treatment areas for cost-effective improvements that enhance patient experience.
4. Address Deferred Maintenance: Proactively addressing maintenance issues prevents larger, more costly problems down the line.

The Investment Landscape

The national average cost for medical office build-outs or upgrades ranges from $150 to $300 per square foot. While costs vary, strategic upgrades can significantly boost your property’s appeal and long-term profitability.

The DH Realty Partners Advantage

The DH Realty Partners Advantage offers investors a unique opportunity to capitalize on Texas’s booming healthcare real estate market. With our deep understanding of key Texas markets and expertise in strategic property upgrades, we can help you maximize your investment potential in this rapidly growing sector. As the demand for high-quality medical office space continues to expand across the state, investors who act now to strategically position their properties stand to gain significant returns. Our customized services and extensive inventory of class-a medical properties for sale are tailored to meet the unique needs of the Texas healthcare real estate market.

Don’t miss out on this lucrative opportunity – contact us today to learn more about how we can help you unlock the full potential of your medical real estate investment.

RESOURCES:

https://www.dshs.texas.gov/sites/default/files/legislative/2022-Reports/Statewide-Health-Coordinating-Council-2023-2028-Texas-State-Health-Plan.pdf

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2690260/