Investment Opportunities in Assisted Living and Senior Care
Demand for senior housing and services keeps rising, and fast—especially in areas adding residents and jobs. Against that backdrop, Hilco Real Estate Sales is bringing a notable offering to market: two assisted living facilities and a nearby senior center. Together, they represent a chance to step into an established, needs-driven segment with room to expand.
Inlet Oaks Assisted Living & Memory Care
Inlet Oaks Assisted Living Facility & Memory Care sits close to active residential neighborhoods and the region’s beaches, a practical location for residents and visiting families alike. Opened in 2015, the property totals 44,242± square feet on 6.27± acres, laid out to support daily living, care delivery, and social interaction. The building is designed for 60 rooms and is currently running at roughly 70% occupancy, leaving clear runway for new residents.
There’s obvious upside here. The site can support more robust memory care services and additional resident amenities, which would better match the health service needs of a growing community. With the footprint already in place, careful programming and operational focus can translate into near-term growth and longer-term stability.
Oaks of Loris: Renovated and Flexible
Oaks of Loris Assisted Living, also opened in 2015, offers a recently refreshed setting with modern updates. The property spans 34,028± square feet on 5.71± acres and is configured for 60 beds across a mix of semi-private and private rooms. Renovations include updated air conditioning along with other contemporary touches that improve comfort and efficiency.
Today, the building is positioned to operate as an assisted living facility, and it also lends itself to reconfiguration should a buyer pursue a different healthcare use. That versatility—purpose-built space that can adapt—can help align the asset with demand as the market evolves.
Senior Center: Community Anchor Near Oaks of Loris
Complementing the residential care settings is the Horry County Council on Aging (HCCOA) Loris Senior Center, located close to Oaks of Loris. The center measures 5,000± square feet and focuses squarely on seniors’ day-to-day well-being. It offers a range of programs and activities that encourage connection, routine, and engagement—small things that add up to quality of life.
The senior center is currently leased and benefits from state and federal funding. As a neighbor to the assisted living facility, it strengthens the local care ecosystem and provides a supportive, activity-rich option for seniors in the area. It’s an asset that complements both facilities and underscores the area’s commitment to aging services.
Why Horry County—and Why Now
All three properties are in Horry County, a high-growth locale where healthcare needs are expanding alongside population. Providers have a range of nearby partners and referral sources, from major local hospitals to urgent care facilities, creating a practical support network for senior services. Strategic roadways improve connectivity too, simplifying visits for families and commutes for staff.
For investors looking to enter the sector—or scale within it—these assets offer a timely blend: established buildings, market demand, and public- and community-facing services that already have a foothold. The fundamentals point in the same direction.
Bid Timing and Participation
Qualifying bids must be received by October 17, 2024. If the opportunity fits your strategy, plan diligence and submission steps with that date in mind; timely delivery matters. It’s a straightforward window to secure a position in a growing market.
Contact Information
For more information, Hilco Real Estate Sales invites prospective buyers to reach out to the team. Stephen Madura and Michael Kneifel can answer questions about the assets and the bid process, and they can walk you through the sale timeline so you can evaluate the opportunity with confidence.
Frequently Asked Questions
What properties are included in this offering?
The portfolio comprises two assisted living facilities—Inlet Oaks and Oaks of Loris—plus the HCCOA Loris Senior Center located nearby.
When are qualifying bids due?
The qualifying bid deadline is October 17, 2024.
What are the current occupancy details?
Inlet Oaks is operating at approximately 70% occupancy. Oaks of Loris is currently vacant and has been recently renovated.
Who can I contact for more information?
Please contact Stephen Madura at (847) 504-2478 or Michael Kneifel at (847) 201-2322 for property details and guidance on the bidding process.
Where are the assets located?
All three properties are in Horry County, a fast-growing area with strong demand for senior care services and access to major local hospitals and urgent care providers.
