$4,500,000
( $603.38Per Sq Foot )
 $24,157 forsale estimated payment Sourced by Back At You

4187 Solomons Island Rd , Harwood, MD 20776

Harwood, MD 20776

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Description

Unique Investment Opportunity in the Thriving Senior Care IndustryKW Commercial is pleased to present Country Home Assisted Living for sale (real estate and business). This 15-bed assisted living facility provides a home-like setting for its residents, including nine private rooms and six beds in three semi-private rooms. The lower level offers storage space and additional rental possibilities.Established in 1986, Country Home was the first assisted living facility in Anne Arundel County. The current owner has operated the facility since 2011. The facility has a license to provide Level 3 High Level of Care - the highest level of care license available to assisted living facilities in Maryland. Its services allow residents to age in place. It also offers hospice services.Country Home is located on 3.27 acres with a sprawling lawn and mature trees in the back. The property offers easy surface parking steps from the front door. Easy access continues with all resident rooms located on the main floor.Surrounded by rolling hills, farms, vineyards, and stately single-family homes, Harwood has a country feel, but is just minutes away from Annapolis, Edgewater, Davidsonville and other Anne Arundel County locations.Amenities include a hair salon, game room, outdoor decks, TV room, and main-level kitchen. With its cozy interiors, comfortable furnishings, and beautiful setting, this facility exudes warmth and comfort. Residents and their families appreciate the inviting environment, which fosters a sense of community and well-being.With a reputation for excellence in senior care, this facility has established itself as a trusted provider in the local community. Its commitment to personalized care and attention to detail has garnered positive reviews and word-of-mouth referrals. Its reputation has meant consistently low vacancy rates. Owner needs to do little marketing and advertising.The facility offers significant value add opportunities. A new owner could also explore the potential for growth.The current owner has made many upgrades since acquiring the facility. Further upgrades could yield higher room rates and additional net operating income increases.For experienced investors, as well as those new to the senior care industry, the facility presents a rare opportunity to invest in a thriving assisted living business and desirable real estate. This turnkey operation offers the potential for significant returns and the satisfaction of providing essential services to an aging population.

Details

MlsMDAA2083386
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1976
Days On Site227
Listing Provided ByKeller Williams Select Realtors | Hedy L Nelson

Features

Sq Feet7,458
ZoningRA
Acreage3.27

Market Activity 20776

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Learn More About This Property

StateMD
CountyAnne Arundel
CityHarwood
Zip Code20776
School DistrictAnne Arundel County Public Schoo
Listing VS Median (in 20776)
Price:
$4,500,000
low | high
Med:
$899,000
100% of Average
SqFt:
7,458
low | high
Med:
4,128
94.650040225261% of Average
$ / SqFt:
$603
low | high
Med:
$218
100% of Average
On Site:
227
low | high
Med:
57.000000
100% of Average
Sourced by Back At You
Listing Updated: August 27, 2024 at 4:03:08 AM PDT