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Hickory Senior Living Facility
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For Sale · Senior Living / Business

Hickory Senior Living Facility

2415 South Center Street, Hickory, North Carolina 28602

$3,198,000
Offering$3,198,000
Current beds17
Current NOI$375,000
Cap rate11.73%

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The opportunity

Income in place with a pre-approved expansion strategy.

An operating 17-bed senior-living facility with seller-financing flexibility and a reported pre-approved expansion plan for a larger care campus.

Source-reviewed against the active Crexi listing on August 14, 2026. Offering details remain subject to change and independent verification. View source listing on Crexi ↗

Explore the complete property brief ↓

Property brief

The facts behind the opportunity.

The source listing presents a fully staffed, renovated 17-bed facility with private-pay residents and Medicaid eligibility for assisted living. The offering includes several acquisition or partnership structures, including seller financing.

Expansion plans are reported as pre-approved for a campus combining independent living, assisted living, and memory care. The source cites river views, boardwalk access, grading work, and removal from the FEMA floodway. Financials, approvals, construction cost, projections, and licensing require direct review under NDA.

Property type
Multifamily, senior living, business for sale
Investment type
Value add / expansion
Building area
6,146 SF
Site
3.21 acres
Buildings
3
Class / zoning
Class B / GB
Year built / renovated
2011 / 2026
Pro forma
$550,000 NOI / 17.20% cap

Decision points

What merits closer analysis.

  1. Existing 17-bed operation with income in place
  2. Reported pre-approved senior-living expansion plan
  3. Seller-financing and partnership structures offered
  4. Waterfront setting with reported boardwalk access
  5. Current and pro-forma financial metrics available for qualified review

Information is believed reliable but is not guaranteed. Buyers and investors must independently verify zoning, dimensions, incentives, utilities, income, and all material facts.

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