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1456 Dixon Rd 2,016 SF Health Care Building Offered at $232,000 in Elgin, SC 29045

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INVESTMENT HIGHLIGHTS

  • In close proximity Sand Hill area
  • Within minutes of popular restaurants

EXECUTIVE SUMMARY

Licensed for 5 residents, but with the closets removed up to 12 residents. Fully operational with a dedicated staff, licenses, over an acre of land, and expansion opportunities ready for your vision. Incredible ROI.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $134,620 $66.78
Other Income - -
Vacancy Loss - -
Effective Gross Income $134,620 $66.78
Taxes $1,385 $0.69
Operating Expenses $52,615 $26.10
Total Expenses $54,000 $26.79
Net Operating Income $80,620 $39.99

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $134,620
Annual Per SF $66.78
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $134,620
Annual Per SF $66.78
Taxes
Annual $1,385
Annual Per SF $0.69
Operating Expenses
Annual $52,615
Annual Per SF $26.10
Total Expenses
Annual $54,000
Annual Per SF $26.79
Net Operating Income
Annual $80,620
Annual Per SF $39.99

PROPERTY FACTS

Price $232,000
Price Per Bed $46,400
Sale Type Investment
Sale Condition Business Value Included
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
Lot Size 1.50 AC
Building Size 2,016 SF
No. Beds 5
No. Stories 1
Year Built 1996
Parking Ratio 3.97/1,000 SF
Zoning Commercial - Commercial

AMENITIES

  • Wheelchair Accessible
  • Smoke Detector

ABOUT 1456 DIXON RD , ELGIN, SC 29045

As of March 2025 the 2024 P&L is in = 166% net revenue. This property is Adult Care facility that has 5 residents in it already. There are 4 rooms and 1 room is the office, 3 rooms are for residents, and 1 room is for a sleep staff. The 3 rooms have 2 beds a piece in each room totaling 6 beds total. With modifications like removing closets out of the rooms you can accommodate up to 12 residents. This facility is zoned for commercial and can be used for various businesses. It is located in Elgin, SC in a quiet cul-de-sac 15 minutes from Sandhills where you can shop for all your business needs. When purchased and you want to change into a different business tenants will need 30 days to vacate.

  • Listing ID: 31820919

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 1456 Dixon Rd, Elgin, SC 29045

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