Continuing a pattern that’s been ongoing for several years, BJU is looking to shed another of its “ministries”: this time, its Shepherd’s Care nursing home facility. According to a local Greenville source in the nursing home field, BJU is actively seeking a buyer for Shepherd’s Care in the Greenville area.
Interestingly, Greenville County lists a Bob Wood as the Care Of for Shepherd’s Care. BJU purchased the property in 2004 for $2,000,000, and it shows a current value of slightly less than that. BJU paid its 2013 taxes of $41,720.42 on the property less than two weeks ago. It’s unknown what kind of sale price BJU would seek now.
We’ll continue to update this blog if we hear of more BJU entities being sold.