For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by SVN | Senior Living Advisors and powered by RealINSIGHT Marketplace, 1501 Secessionville Road in James Island, South Carolina is a 39-unit, one-story former assisted living community offered vacant and free of debt. Built in 1998 on 3.4 acres totaling approximately 27,868 square feet, the property previously operated as licensed assisted living and now conveys with no in-place operations, giving a buyer full control to reposition, re-license, or reprogram the community without inheriting existing staffing, census, or management obligations. The James Island trade area supports the thesis: within five miles, 2,792 seniors aged 75-plus are income-qualified for assisted living against only 105 competitive AL units, and median household income runs $116,250. The site sits roughly six miles from downtown Charleston with connectivity via SC Highway 171 and US Route 17, minutes from MUSC Health's academic medical center and an on-island HCA freestanding emergency room. The asset will be sold fee simple, as-is, via a November 4, 2026 auction on RIMarketplace.com, with 10% non-refundable earnest money due at contract execution and no post-auction contingencies.
Due Diligence
Location
Positioned at 1501 Secessionville Road on James Island, Savannah Place sits within a residential coastal corridor roughly six miles south of downtown Charleston via SC Highway 171 and US Route 17. Folly Beach and Melton Peter Demetre Park are minutes away, while MUSC Health's academic medical center is a 15-minute drive and an HCA freestanding emergency room serves the island directly.
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
