Eastover Assisted Living
2802 Mccords Ferry Rd Eastover, SC
2802 Mccords Ferry Rd, Eastover, SC, 00000
Contact for pricing
For Sale
Contact for pricing
52-bed assisted living facility on 7.32 acres for sale.
Property Size21,475 SF
Lot Size7.32 Acres
Price / SF$162.98
Days on Market1038
Property Features for 2802 Mccords Ferry Rd
General Information
- Standard status
- Active
- Size
- 21,475 SF
- Lot size
- 7.32 Acres
- Property subtype
- OFFICE
Listing agency
Wilson Kibler | Greenville
(803) 447-6898
Listed by
Robert Carter
Source
Moodyscre
Added: Sep 18, 2023 Updated: Jul 6 at 9:56AM Checked: Jul 19 at 5:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilson Kibler | Greenville
Investment Insights
Based on property information with market context.
A 52-bed assisted living or residential treatment facility is available for purchase in Eastover, South Carolina. The property is located just off Highway 378/Garners Ferry Rd. and Highway 601/McCords Ferry Rd. Traffic volume in 2020 on Garners Ferry Rd. was 19,532 vehicles per day, and on McCords Ferry Rd. was 5,086 vehicles per day. The median age within a 2-mile radius is 42. The building is approximately 21,475 square feet in size and sits on approximately 7.32 acres. It is located in Richland County and has ample parking.
Key Highlights
- 52‑bed Assisted Living or Residential Treatment Facility
- Size: ±21,475 SF on ±7.32 AC
- Located just off Highway 378/Garners Ferry Rd. and Highway 601/McCords Ferry Rd.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $322.1k | $15.00 |
| − Vacancy | −$20.3k | −$0.95 |
| EGI | $301.8k | $14.06 |
| − OpEx | −$135.8k | −$6.32 |
| NOI | $166.0k | $7.73 |
21,475 SF · lease $15.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.37M
$2.08M – $2.77M
NOI $166,007 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.85M
$4.24M – $5.65M
NOI $339,192 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Assisted living facility - 52-bed assisted living facility on 7.32 acres for sale.
Where is this assisted living facility located?
The property is located at 2802 Mccords Ferry Rd Eastover, SC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 52‑bed Assisted Living or Residential Treatment Facility; Size: ±21,475 SF on ±7.32 AC; Located just off Highway 378/Garners Ferry Rd. and Highway 601/McCords Ferry Rd.
