Prominent Assisted Living Facilities Available for Acquisition

Assisted Living Facilities for Sale

Currently available for acquisition, two assisted living facilities and a senior center present an exciting opportunity within the healthcare real estate sector. These properties, managed by Hilco Real Estate Sales, offer an enticing investment for those looking to contribute positively to senior living services. They embody the perfect blend of operational efficiency and potential for enhanced community care.

Inlet Oaks Assisted Living

One of the featured properties is Inlet Oaks Assisted Living Facility & Memory Care. Located strategically, it is in proximity to popular residential areas. This facility stands as an operational facility offering immediate occupancy for residents. Built recently, it encompasses 60 rooms and covers an impressive area of 44,242 square feet on over 6 acres, providing ample space for resident activities and comfort. Currently operating at a 70% occupancy rate, this facility offers significant room for growth as more residents seek quality care options.

Facilities and Amenities

Inlet Oaks boasts high-end amenities designed for patient comfort and engagement. With features such as multiple patios, community rooms, and wellness-focused spaces, this facility is well equipped to cater to varied resident needs. The addition of specialized services like memory care can further enhance the options for potential residents, creating a strong value proposition for future investors.

Oaks of Loris Assisted Living

Another significant asset is Oaks of Loris Assisted Living. Although the property is vacant, it has undergone substantial renovations, revitalizing its space and creating a modern, welcoming environment. This facility offers additional flexibility for those looking to repurpose or expand its services. With existing infrastructure that includes a Memory Care unit, prospective buyers will find it easy to operate this facility or adapt it to meet evolving community needs.

Investment Potential

The Oaks of Loris facility accommodates 60 beds, providing an incredible chance for a thorough examination of the local assisted living market dynamics. The ongoing renovations position this property as a prime candidate for both operational and strategic enhancement, making it appealing for investors looking to enter this sector.

HCCOA Loris Senior Center

Complementing the assisted living facilities is the Horry County Council on Aging (HCCOA) Loris Senior Center, a well-established community hub. Spanning about 5,000 square feet, this center meets a vital need within the Loris community. Its location enhances the potential for synergistic relationships with the assisted living facilities nearby, promoting holistic care for seniors.

Community Engagement and Services

This center offers a range of programs focused on improving the overall well-being of seniors, from physical fitness to social activities. The added benefit of the senior center being leased to an established and funded organization further assures steady operations, making it an attractive component of this investment package.

Growing Demand for Senior Care Services

The collection of these properties is situated within the rapidly expanding Horry County region, which has garnered attention for its growth and desirability. The local healthcare environment is bolstered by significant institutions like Conway Medical Center and Grand Strand Health, which promote healthcare advancements in the area. As the senior population continues to expand, the need for quality assisted living facilities becomes increasingly critical.

Furthermore, the locations of the facilities offer strategic access to major highways, enhancing transportation and accessibility. Understanding the local demographic and healthcare landscape can empower buyers to maximize their impact and profitability in the natural growth trajectory of senior care services.

According to Terry Rochford, a senior vice president at Hilco Real Estate Sales, there is optimism surrounding the facilities. He believes that the operational efficiencies and service expansions present a compelling proposition for potential buyers. Steve Madura, another senior vice president, echoed this enthusiasm, highlighting the critical role these properties play in meeting an immediate and growing demand for senior community services.

As these exceptional opportunities garner interest, qualified bids for the facilities are encouraged before the specified deadline. Investors looking into the healthcare real estate domain should proactively explore these unique prospects.

Frequently Asked Questions

What are the key features of Inlet Oaks Assisted Living?

Inlet Oaks features 60 rooms, extensive amenities such as screened patios, fitness areas, and community rooms aimed at creating a comfortable resident environment.

Are these facilities currently operational?

Yes, the Inlet Oaks facility is operational, while the Oaks of Loris is newly renovated and ready for new ownership or operational adjustments.

What is the importance of the HCCOA Loris Senior Center?

The senior center plays a vital role in fostering community engagement and offers various programs to enhance the well-being of local seniors.

What is the demographic focus in Horry County?

Horry County's demographic focus is rapidly aging, creating a growing demand for dedicated senior care services and facilities.

What is the bidding process for these facilities?

Bids must adhere to a submission deadline, focusing on a Purchase and Sale Agreement available through Hilco Real Estate Sales.

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