ESI Brokers Sale of Skilled Nursing Facility in South Carolina for $11.5M

ANDERSON, S.C. — Evans Senior Investments has arranged the sale of Ellenburg Nursing Center, a 181-bed skilled nursing facility in Anderson, located southwest of Greenville near the Georgia border.

Built in 1965 with additions in 1974 and 1980, the property was 90 percent occupied at the time of sale with $12 million in annual revenues.

An independent owner-operator sold the property, its only skilled nursing facility, for $11.5 million or $64,000 per bed. The buyer was a regional owner-operator group.