Purpose-Built Assisted Living
New
For Sale
$899,000
2317 Prince St., Georgetown, SC 29440
Operating personal care home with a commercial kitchen, dining areas, resident living spaces, and outdoor gathering areas.
Property Size7,206 SF
Price / SF$124.76
Days on Market5
Property Features for 2317 Prince St.
General Information
Standard status
Active
Size
7,206 SF
Listing Agency:
Keller Williams Innovate South
(843) 240-0431
Listed By:
Jake Lee · License #59913
(843) 240-0431
Source:
Exprealty
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 2 at 7:39AM
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 Keller Williams Innovate South
Investment Insights
Based on property information with market context.
This one-story assisted living facility combines an operating personal care home with the underlying real estate. Built in 2000, the property contains approximately 7,050 finished square feet and 7,206 total square feet on a 0.48-acre site. The U-shaped plan is licensed for 22 residential beds and includes 11 bedrooms, multiple bathrooms, a commercial kitchen, dining areas, living space, and laundry facilities. A front porch and rear patio extend the resident-use areas, while the building is equipped with a metal roof, central air conditioning, fire and smoke detection, and a sprinkler system.
The property is located at 2317 Prince St. in Georgetown, South Carolina, approximately 1.5 miles from Tidelands Health Georgetown Memorial Hospital. Its established operating configuration includes the principal spaces and building systems associated with the current personal care home use.
The property is located at 2317 Prince St. in Georgetown, South Carolina, approximately 1.5 miles from Tidelands Health Georgetown Memorial Hospital. Its established operating configuration includes the principal spaces and building systems associated with the current personal care home use.
Key Highlights
- Licensed for 22 residential beds
- Approximately 7,050 finished SF; 7,206 total SF
- 0.48‑acre site with a one‑story building constructed in 2000
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 | $110.7k | $15.36 |
| − Vacancy | −$2.0k | −$0.28 |
| EGI | $108.7k | $15.08 |
| − OpEx | −$48.9k | −$6.79 |
| NOI | $59.8k | $8.30 |
7,206 SF · lease $15.36/SF/yr · vacancy 1.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$854.0K
$747.3K – $996.4K
NOI $59,781 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,355 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29440, SC
27,451
Population
13,845
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
89%
High-School Grad
523.1 sq mi
ZIP Area
52
Density / Sq Mi
$54,926
Median Household Income
$33,636
Median Earnings
$912
Median Rent
$160,400
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Julie Lawson Care ,LLC — Georgetown, SC 29442
- Lifecare Hospice of South Car — Georgetown, SC 29440
Frequently Asked Questions
What type of property is this?
Assisted living facility - Operating personal care home with a commercial kitchen, dining areas, resident living spaces, and outdoor gathering areas.
Where is this assisted living facility located?
The property is located at 2317 Prince St. Georgetown, SC.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Licensed for 22 residential beds; Approximately 7,050 finished SF; 7,206 total SF; 0.48‑acre site with a one‑story building constructed in 2000
