±34,897 SF Assisted Living Facility | Beaufort, SC

For Sale

109 Old Salem Rd, Beaufort, SC 29902

This Beaufort property for sale is located at 109 Old Salem Rd. The current listed sale price for ±34,897 SF Assisted Living Facility | Beaufort, SC is $4,000,000. ±34,897 SF Assisted Living Facility | Beaufort, SC is situated on a lot that is 5.67 acre in size.

Contacts

Ernie Anaya, MBA

Bull Realty

Property Details

  • Property Type Other
  • Property Size 34,897 SF
  • Units 40
  • Lot Size 5.67 Acre
  • Year Built 1999
  • Date Updated Jun 17, 2026
Beaufort, South Carolina, is a historic harbor city in the heart of the Lowcountry and the Sea Islands. Founded in 1711, it is the second-oldest city in the state and serves as the county seat of Beaufort County. Known as the “Queen of the Carolina Sea Islands,” it is renowned for its well-preserved antebellum architecture, and its entire 304-acre downtown is a National Historic Landmark District.-
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Highlights

  • 2025 Weitz Replacement Cost (Construction cost only): $353/SF
  • 85% LTC, and 5.722% interest
  • Acquisition CAP Rate: 12.46%
  • Average Home Value: $501,987
  • Average Household Income (Age 75+): $92,335
  • Average Net Worth (Age 75+): $2,662,035
  • Cash on Cash: 34.89%
  • CoStar Average National CAP & Sold Comps: 6.5% & $307/SF
  • CoStar Southeast Sold Comps: $292/SF; subject property at $114.62/SF
  • Debt Service Coverage Ratio: 1.95
  • Demographics: As of 2023, the city population is approximately 13,700. The broader county is one of the fastest growing in the South, largely due to development near Hilton Head Island and Bluffton.
  • Economic & Social Infrastructure:
  • FINANCIAL HIGHLIGHTS (5-Year Hold)
  • Forecast NOI: $498,460 (normalizing expenses to 75% of Gross Revenue)
  • Gross Revenue: $2,215,380 (Actual)
  • IRR: 70.04%
  • List Price: $4,000,000
  • Marine Corps Air Station (MCAS) Beaufort
  • Marine Corps Recruit Depot Parris Island
  • Military Presence: A major driver of the local economy, the region hosts several key installations:

Attachments

Getting around

  • 17/100

    Walk Score ®

  • 33/100

    Bike Score ®

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Location

  • City Beaufort, SC
  • Zip Code 29902

Points of Interest

  • Circle K

    0.80 miles

  • refuel

    1.16 miles

  • Shell

    1.24 miles

  • Parker's

    2.15 miles

  • Sunhouse

    2.21 miles

  • Enmark

    3.36 miles

  • enmarket

    3.65 miles

  • Lowes Parking

    0.34 miles

  • WalMart Parking

    1.21 miles

  • Comfort Suites near MCAS Beaufort

    0.55 miles

  • Country Inn & Suites

    0.98 miles

  • America's Best Inn Beaufort

    1.00 miles

  • Sleep Inn

    1.02 miles

  • Hampton Inn

    1.13 miles

  • Tru by Hilton Beaufort

    1.21 miles

  • Home2 Suites

    1.27 miles

  • Howard Johnson by Wyndham Beaufort/Parris Island

    1.36 miles

  • Oasis Inn

    1.40 miles

  • SpringHill Suites

    1.47 miles

  • TJ Maxx

    0.85 miles

  • Big Lots

    0.97 miles

  • Walmart Supercenter

    1.21 miles

  • Food Lion

    1.79 miles

  • Chapman's Grocer

    2.44 miles

  • Publix

    3.76 miles

  • Commissary

    5.34 miles

  • Tienda Mexicana La Moreliana

    7.94 miles

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