Assisted Living Facilities and License Offered for Sale at Public Auction by Redfield Group Auctions

RAINBOW CITY, Ala., December 22, 2022 (Newswire.com) - Two furnished assisted living facilities will be sold at online auction with bidding ending December 29 at 3 p.m. The real estate is located in Kenansville, North Carolina, and in Natural Bridge, Virginia. 

Notably, the Kenansville facility has no residents and is not operating but is licensed through December 31, 2023. A person acquiring the property, or their designee may apply for a license to operate the property as a licensed adult care home.

"The North Carolina facility has a license in place and ready for a new operator and either facility could have multiple uses such as ALF or rehab clinics. This is a huge opportunity with the minimum bid being only $200,000 per location," says auctioneer and president of Redfield Group Auctions, Mike Fisher, CAI, AARE, CES, ATS, GPPA.

Property 1 is Wellington Park at 329 Cooper St, Kenansville, North Carolina. It is an 80-bed assisted living facility with 17,800+/- square feet on 3.1 acres. This facility is being sold furnished. The property was previously listed at $3,200,000 and is selling subject to a minimum bid of only $200,000. 

Although Wellington Park currently has no residents and is not operating, it is licensed through December 31, 2023 (license number HAL-031-020). A person acquiring the property, or their designee may apply for a license to operate the property as a licensed adult care home in accordance with Article 1, Chapter 131D of the North Carolina General Statutes and applicable rules found at Title 10A, Chapter 13, Subchapter F of the North Carolina Administrative Code. 

Property 2, which is known as The Manor at Natural Bridge, is located at 5615 S. Lee Highway, Natural Bridge, Virginia. It is a previously licensed 57-bed assisted living facility with 11,300+/- square feet. It is also being sold furnished and the minimum bid is only $200,000. 

View photos, information and bid online at www.redfieldgroup.com. 

Redfield Group Auctions Inc., founded in 2001, is one of the nation's leading auction firms, conducting auctions in over 40 states, Mexico and the Bahamas. Redfield Group offers live, online, simulcast and hybrid auction formats. They are members of The National Auctioneers Association and The Alabama Auctioneers Association with staff who are graduates of CAI - Certified Auctioneers Institute, Certified Estate Specialists, and USPAP compliant appraisers. Redfield Group is a member of MarkNet Alliance which is a group of 65 auction companies spanning the US and internationally. This partnership allows us to provide our client with cutting edge technology and market reach unsurpassed by any other network. 

Media Contact: Mike Fisher, [email protected], 256-413-0555

Source: Redfield Group