Generations of Batesburg (1/2 of Portfolio) | 111 Generations Blvd, Batesburg, SC 29006

Investment Overview

GENERATIONS OF BATESBURG 111 Generations Blvd, Batesburg, SC 29006 | Lexington County, South Carolina - Built / Opened: Built in phases: 1974, 1992, 1995 - AL Building: ~37,000 SF - Licensed Beds: 88 assisted living beds - Current Census: 56 residents (63.6% occupancy) - Payor Mix: ~80% private pay / ~20% Medicaid - Avg. Room Rate: $2,703/month (April 2026) - Rate Growth: $2,140 → $2,703 (+26% over 24 months) - IL Cottages: 11 apartment-style units owned - Cottage Asking Rent: $2,100–$2,650/month per unit - Cottage Rent (T12): $238,965/yr · 87% occ. - Full-occ. potential: ~$287K–$333K/yr - Fire Event: Gen 2 wing —Apr 2024; fully remediated - Campus Site: 7.16 acres (per 2015 appraisal) BATESBURG INDEPENDENT LIVING COTTAGES Units owned by Generations: 11 apartment-style units Unit mix: 5 one-bedroom | 5 two-bedroom | 1 three-bedroom Asking rent —1 BR: $2,100–$2,550/month Asking rent —2 BR: $2,200–$2,550/month Asking rent —3 BR: $2,300–$2,650/month In-place gross rent (T12): $238,965/yr · 87% occ. Full-occ. potential: ~$287K–$333K/yr Style: Apartment-style (not duplex) Comparable sales: No arm's-length comparables in Batesburg market Estimated value basis: $50,000–$65,000/unit (rural SC multifamily)