260 Watson Heritage Rd Loris, SC 29569
- Retirement homes
- 34,028 SF
- 5.71 lot acres
Current Use by Public Records
- Oaks of Loris Assisted Living / Assisted Living Facility
Property Details for 260 Watson Heritage Rd
- Year built
- 2015
- Lot size
- 5.71 lot acres
- Property size
- 34,028 SF
- Property type
- Retirement homes
Description
This exceptional 34,028-square-foot assisted living facility, located at 260 Watson Heritage Rd, Loris, SC 29569, presents a unique investment opportunity. Built in 2015 and extensively renovated in 2023, this single-story, 60-bed facility is currently vacant and ready for immediate occupancy. The property sits on a 5.71-acre lot zoned PDD (Plan Development District) within Horry County, offering a serene setting with potential for expansion. Recent renovations included a complete overhaul of half the building, with minor cosmetic updates throughout the remainder. Modern amenities include a salon, employee breakroom, two resident spas with roll-in showers and tubs, a fitness/therapy area, community room, commercial kitchen with walk-in refrigeration, and two self-service laundry rooms. The facility boasts a secure and monitored environment, an established memory care unit, and new air conditioning units. Its location in Loris, a charming town near Myrtle Beach, offers a strong potential for occupancy given the growing demand for assisted living services in the region. The property may be purchased individually or in conjunction with a nearby leased senior center, creating a comprehensive senior living experience. Bid deadline is October 17th at 5:00 PM CT. On-site inspections are available by appointment on September 26th, October 3rd, and 10th.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Loris
- County
- Horry
- State
- South Carolina
- Longitude
- -78.8804
- Latitude
- 34.0192
