The former Pioneer Community Hospital of Patrick County and property has a new owner, according to a deed filed in the Patrick County Circuit Court Clerkâs office late last week.
Wolf of Wabash, LLC, an Illinois limited liability company, paid $1,600,000 to purchase the property from Foresight HS Property Holdings – Blue Ridge, LLC, a Virginia limited liability company, according to the deed.
The assessed value was listed as $4,534,300.
The 10.078-acre parcel is situated in the Town of Stuart and the Mayo River District of Patrick County.
The deed was prepared by Jason Alan Dunn, of Jason A. Dunn, PLC, a law firm in Virginia Beach.
Seashore Title & Settlements, Inc., also of Virginia Beach, handled the propertyâs title. The deed was insured by Fidelity National Title Company.
This conveyance is made together with and subject to any and all rights of way, easements, restrictions, and covenants within the chain of title.
Phillippe Joseph is listed as the registered agent for Wolf of Wabash, which became an LLC on February 23, 2018. The businessâs principal address is 401 N. Wabash Ave. Apt. 70D Chicago, IL 60611.
Attempts to reach Joseph on Monday were unsuccessful.
âI had no idea anyone was looking at it,â said Brandon Simmons, chairman of the Patrick County Board of Supervisors. âIâm not sure what it will be used for, but Iâm glad that it was bought since Foresight was looking to sell. Iâm glad things worked out fine for them.â
Simmons said he also hopes things work out good for the propertyâs new owners.
County Administrator Beth Simms declined to comment on the transaction.
Last year, Foresight offered to donate the property to the county in exchange for $815,000, or about half of the costs the company had incurred. At the time, an April 2023 valuation was noted as the course of the $3.9 million fair market value.
