847-504-2478
260 Watson Heritage Rd, Loris, SC for Sale
Assisted Livings - FOR SALE
1/15
null | Request Cap Rate

260 Watson Heritage Rd
Loris, SC 29569


HIGHLIGHTS

  • 60 units
  • Serene, idyllic setting with walking paths & water features
  • Fully secure/monitored building allowing for high quality safety provisions
  • Established memory care unit
  • Extensive renovation: Half of the building has been completely renovated while the remaining portions have received minor cosmetic updates
  • Amenities include: Salon, employee breakroom, resident spas (2) with roll-in shower & tub, fitness/therapy area, community room & more

OVERVIEW

Hilco Real Estate Sales presents the sale of Oaks of Loris - 260 Watson Heritage Rd., Loris, SC. The bid deadline is October 17 by 5:00 p.m. (CT). On-site inspections will be by appointment only. Located in the charming town of Loris, this opportunity is unique to the area and is highly anticipated by the community given the growing demand for assisted living services in the region, including a number of previous residents and their families. This 34,000± SF facility is currently vacant and having recently completed a large-scale renovation. The facility can be sold individually or together with the nearby leased Loris Senior Center, thus providing an investor or new operator with the ability to create an all-inclusive senior living experience through complementary services. Located in Horry County, the charming city of Loris, South Carolina sits about five miles from the North Carolina border and about 35 miles northwest of Myrtle Beach. Known for its friendly community and traditional Southern hospitality, the city hosts several annual events, such as the Loris Bog- Off Festival, which celebrates the local culinary tradition of cooking chicken bog, a regional dish. The downtown area features quaint shops, local eateries and historic buildings that reflect the areas rich heritage. Overall, Loris is a peaceful and welcoming community that combines the appeal of small-town living with proximity to the vibrant attractions of the Grand Strand region. Hilco Real Estate, LLC in cooperation with Thomas R Ligon, South Carolina Lic. # 17640, The Ligon Company, Lic. # 14259.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

60-Unit, Vacant Assisted Living Facility

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Continuing Care Retirement Com, Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

5.71 AC

LAND SF

248,728 SF

ZONING

PDD

APN/PARCEL ID

21205020006

ASK ABOUT THIS PROPERTY

Stephen MaduraHilco Real EstateMore Info
847-504-2478

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Stephen MaduraHilco Real EstateMore Info
847-504-2478

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