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2415A-2415B-2441 S Center St
Hickory, NC 28602
Established Assisted Living Facility · Health Care Property For Sale
·
17 Beds
INVESTMENT HIGHLIGHTS
- Strong current performance: Predicted income for 2026: $375k+ annual profit, with all private-pay residents.
- Prime location: Minutes from Frye Hospital and Catawba Valley Hospital in fast-growing Hickory, NC.
- Flexible investment options: Full acquisition, equity partnership, or development loan co-signing for equity.
- Major expansion upside: Pre-approved plans for 61 additional beds (78 total) with projected $4M annual profit post-expansion.
- De-risked development: All buildable land removed from the floodway with FEMA approval and new grading plan in place.
EXECUTIVE SUMMARY
Newly renovated 17-bed Assisted & Independent Living Facility in rapidly growing Hickory, NC. Offred with Seller Financing! Located minutes away from Frye Hospital & Catawba Valley Hospital.
Recently all private paying residents but Medicaid can be billed for the ALF units. Predicted income for 2026: $375k+ annual profit, 100% leased. Pre-approved expansion plans to add 61 more beds for total 78-bed facility with a projected $4MM annual profit. After the completed expansion this facility will hold 18 Independent Living, 36 Assisted Living and 24 Memory Care beds. All developable land is now out of the Floodway per Fema and new grading plan approved & coming soon.
North Carolina is one of the most promising senior care markets. Hickory’s aging population and influx of retirees make it an ideal location for high-quality assisted living. With demand outpacing supply, families increasingly seek premium alternatives to in-home care, ensuring strong occupancy rates and long-term stability. This facility stands out by offering upscale, personalized care in a stunning setting.
Investors have three flexible entry options: full acquisition for those seeking complete ownership, an equity partnership for passive investors, or a development loan co-signing opportunity to secure financing in exchange for equity. The current ownership brings extensive experience, minimizing operational risk while maximizing growth potential. This is a rare chance to capitalize on the booming senior living industry with a proven, high-margin asset. Full acquisition or taking over the business only will require obtaining a new license. The new owner will still benefit from the cash flow generated during that period of time.
The combination of immediate profitability, pre-approved expansion, and strong market fundamentals creates an unmatched investment opportunity. Serious investors are invited to review financials and expansion plans—confidentiality required. Act now before this limited-time opportunity is gone!
For the property video, click here: https://listings.nextdoorphotos.com/vd/220691471
Recently all private paying residents but Medicaid can be billed for the ALF units. Predicted income for 2026: $375k+ annual profit, 100% leased. Pre-approved expansion plans to add 61 more beds for total 78-bed facility with a projected $4MM annual profit. After the completed expansion this facility will hold 18 Independent Living, 36 Assisted Living and 24 Memory Care beds. All developable land is now out of the Floodway per Fema and new grading plan approved & coming soon.
North Carolina is one of the most promising senior care markets. Hickory’s aging population and influx of retirees make it an ideal location for high-quality assisted living. With demand outpacing supply, families increasingly seek premium alternatives to in-home care, ensuring strong occupancy rates and long-term stability. This facility stands out by offering upscale, personalized care in a stunning setting.
Investors have three flexible entry options: full acquisition for those seeking complete ownership, an equity partnership for passive investors, or a development loan co-signing opportunity to secure financing in exchange for equity. The current ownership brings extensive experience, minimizing operational risk while maximizing growth potential. This is a rare chance to capitalize on the booming senior living industry with a proven, high-margin asset. Full acquisition or taking over the business only will require obtaining a new license. The new owner will still benefit from the cash flow generated during that period of time.
The combination of immediate profitability, pre-approved expansion, and strong market fundamentals creates an unmatched investment opportunity. Serious investors are invited to review financials and expansion plans—confidentiality required. Act now before this limited-time opportunity is gone!
For the property video, click here: https://listings.nextdoorphotos.com/vd/220691471
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