Thrive in Opportunity: Senior Care Facilities Available Now

Investment Opportunities in Assisted Living and Senior Care

In a rapidly evolving market, the demand for assisted living facilities and senior centers is skyrocketing, especially in regions experiencing growth. One noteworthy opportunity is the sale of two assisted living facilities and a senior center, facilitated by Hilco Real Estate Sales.

Assisted Living Facilities Overview

The first property, Inlet Oaks Assisted Living Facility & Memory Care, is strategically located near bustling residential areas and the stunning beaches of the region. Opened in 2015, this impressive facility boasts a spacious 44,242± square feet layout on 6.27± acres. With a capacity of 60 rooms and a current occupancy rate of around 70%, there is ample potential for growth. Enhancements can include expanded memory care services and additional resident amenities, further addressing the health service demands in a burgeoning community.

Oaks of Loris: A Renovated Gem

Another exciting offering is the Oaks of Loris Assisted Living, a recently renovated site that presents a remarkable opportunity. Situated on 5.71± acres, this 34,028± square foot facility also opened in 2015 and features 60 beds, including semi-private and private rooms designed for assisted living care. With renovations catering to updated air conditioning and modern amenities, this site not only serves as an assisted living facility but has potential for reconfiguration, making it versatile for various healthcare needs.

Community Engagement at the Senior Center

Complementing the assisted living facilities is the Horry County Council on Aging (HCCOA) Loris Senior Center. This well-kept facility, situated close to the Oaks of Loris, spans 5,000± square feet and is dedicated to the well-being of seniors. Providing wide-ranging programs and activities, this center plays a pivotal role in fostering community spirit and engagement among its attendees. Currently leased and benefiting from state and federal funding, the senior center adds significant value as a supportive asset to both facilities.

Growth and Development Potential

All properties are located in Horry County, a region noted for its rapid growth, particularly in the healthcare sector. With a wealth of options for healthcare providers, including major local hospitals and urgent care facilities, these assisted living sites signify a tremendous opportunity for investors willing to enter or expand within this dynamic market. The area's strategic road networks also enhance connectivity, fostering ease of access for residents and their families.

Upcoming Bid Submission Deadline

Interested parties should be aware that qualifying bids must be received by a designated deadline, ensuring timely submission is crucial. This presents an urgent opportunity for investors looking to secure a foothold in an expanding marketplace.

Contact Information

For those seeking more information about these opportunities, Hilco Real Estate Sales urges prospective buyers to reach out to their team. Stephen Madura and Michael Kneifel are available for inquiries regarding the properties and bidding process. Their comprehensive presentation of the sale process aims to facilitate interested buyers in navigating their investment options effectively.

Frequently Asked Questions

What properties are available for sale?

Two assisted living facilities, Inlet Oaks and Oaks of Loris, along with the HCCOA Loris Senior Center are available for sale.

When is the deadline for bid submission?

The qualifying bid deadline is October 17, 2024.

What are the occupancy rates of the facilities?

Inlet Oaks currently has an occupancy rate of approximately 70%, while Oaks of Loris is currently vacant but has been recently renovated.

How can I get more information about the facilities?

You can contact Stephen Madura at (847) 504-2478 or Michael Kneifel at (847) 201-2322 for more details.

What are the facilities' locations in relation to Horry County?

All three properties are located within the rapidly growing Horry County, which is known for its robust development and demand for senior care services.

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