Brunswick County Commissioners on Monday will entertain an offer to sell what was once Brunswick Community Hospital for $1.75 million.
The $1.75 million offer to purchase the 60-bed hospital and 30-plus acres of land on which it sits was submitted by East Coast Lands One LLC on Sept. 24, according to Brunswick County Manager Marty Lawing.
This is the third group to submit an offer to purchase the aging hospital facility since commissioners started the process to sell the hospital facility about a year ago. They’ve formally entertained two bids—an initial $1.5 million bid and a $1.575 million upset bid—but never entered into contract to sell the property with either bidder.
In July commissioners accepted the $1,575,050 upset bid from Jacobs Real Estate Advisors LLC and Katierich Asset Management LLC. The Jacobs Real Estate Advisors/Katierich Asset Management bid upset the county’s only previous bid—a $1.5 million bid by Crown Management LLC.
“A purchase contract that included a lease agreement was forwarded to Jacobs Real Estate Advisor LLC in August, and no response has been received to date. The offer of East Coast Lands One LLC is not considered to be an upset bid, but should be considered an initial offer since the last offer accepted by the board of commissioners did not result in an executed contract,” Lawing said.
If commissioners accept the offer, officials with East Coast Lands One LLC wish to close on the property by Nov. 30.
Commissioners will consider the matter at 6:30 p.m. Monday, Oct. 1, in commissioners’ chambers in the county complex in Bolivia.
The agenda for Monday’s meeting is available online.
