
260 Watson Heritage Rd - 60-Unit, Vacant Assisted Living Facility
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260 Watson Heritage Rd - 60-Unit, Vacant Assisted Living Facility
34,028 SF Health Care Building Offered For Sale in Loris, SC 29569



INVESTMENT HIGHLIGHTS
- 60 units
- Fully secure/monitored building allowing for high quality safety provisions
- Extensive renovation: Half of the building has been completely renovated while the remaining portions have received minor cosmetic updates
- Serene, idyllic setting with walking paths & water features
- Established memory care unit
- Amenities include: Salon, employee breakroom, resident spas (2) with roll-in shower & tub, fitness/therapy area, community room & more
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type | Investment or Owner User | Building Size | 34,028 SF |
Property Type | Health Care | No. Beds | 46 |
Property Subtype | No. Stories | 1 | |
Lot Size | 5.71 AC | Year Built | 2015 |
Sale Type | Investment or Owner User |
Property Type | Health Care |
Property Subtype | |
Lot Size | 5.71 AC |
Building Size | 34,028 SF |
No. Beds | 46 |
No. Stories | 1 |
Year Built | 2015 |
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PROPERTY TAXES
Parcel Number | 21205020006 | Improvements Assessment | $405,650 CAD |
Land Assessment | $16,761 CAD | Total Assessment | $422,410 CAD |
PROPERTY TAXES
Parcel Number
21205020006
Land Assessment
$16,761 CAD
Improvements Assessment
$405,650 CAD
Total Assessment
$422,410 CAD
ZONING
Zoning Code | PDD (PDD (Plan Development District)) |
PDD (PDD (Plan Development District)) |
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260 Watson Heritage Rd - 60-Unit, Vacant Assisted Living Facility
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