2415A-2415B-2441 S Center St - Assisted Livings FOR SALE


Hickory, NC 28602- Outer City Of Hickory
$3,198,000 USD
843-666-5250
2415A-2415B-2441 S Center St, Hickory, NC for Sale
$3,198,000 USD
Assisted Livings - FOR SALE
1/47
null | 11.73% Cap Rate

2415A-2415B-2441 S Center St
Hickory, NC 28602
Outer City Of Hickory


HIGHLIGHTS

  • High-Impact Value-Add: $4–$6M expansion transforms a 17-bed facility into a projected $50M asset w/ ~$4M net annual income
  • Incredible Growth Potential: Pre-approved plans to expand to 83 beds (Independent Living, Assisted Living, & Memory Care mix)
  • Prime Waterfront Setting: Upscale ranch-style units overlooking the river w/ direct boardwalk access
  • De-Risked Development: Land removed from FEMA floodway + grading plan already in place
  • Turnkey + Income In-Place: Fully staffed operations w/ existing private-pay residents & Medicaid eligibility for ALF
  • Strong Market Fundamentals: Located in Hickory with growing senior population, limited supply, & flexible investment options incl. seller financing

OVERVIEW

$50M Senior Living Opportunity – Seller Financing Available Established, fully renovated 17-bed facility in Hickory, NC. Positive cash flow from day one. Pre-approved expansion to 83 high-end units—Independent, Assisted, and Memory Care with river views and boardwalk access. Fully outside flood zone. Turnkey & Flexible Fully staffed, private-pay residents, Medicaid-ready. Buy outright, partner, or co-sign the development loan for equity. Seller financing and 1031 exchanges welcome. Why Hickory? Aging population. Retiree influx. Supply crunch. That means high occupancy, waiting lists, and long-term stability. Two major hospitals and strong affordability put you in the driver's seat. The bottom line: Immediate cash flow + massive upside. Financials available under NDA. This one moves fast—don't wait.

FOR SALE DETAILS

PRICE

$3,198,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

11.73%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2415 A, B, & 2441 S Center St

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.21 AC

LAND SF

139,830 SF

ZONING

GB

APN/PARCEL ID

3701091702620000,3701091712410000

ASK ABOUT THIS PROPERTY

Ola van ZylUnited Commercial GroupMore Info
843-666-5250

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Ola van ZylUnited Commercial GroupMore Info
843-666-5250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.