This offering presents a unique opportunity to acquire seven assisted-living facilities along with the ongoing, fully furnished business operation. Built from the ground up by the current owners 15 years ago, the homes are being sold together as a complete package. Collectively, the facilities are licensed for 78 residents, with a current census of 56, reflecting 72% occupancy. Each community is certified with zero deficiencies and supported by a caring, attentive staff, providing meals and assistance with daily living activities in comfortable, park-like residential settings. Current occupancy by facility is as follows: 411 Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden I) – licensed for 8, currently 5 residents 409 S Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden II) – licensed for 8, currently 4 residents 5426 Clover Road, Baltimore, MD 21215 (Pleasant Garden Clover) – licensed for 15, currently 12 residents 3603 Glenmore Avenue, Baltimore, MD 21206 (Pleasant Garden Glenmore) – licensed for 8, currently 6 residents 3711 Pinewood Avenue, Baltimore, MD 21206 (Pleasant Garden Pinewood) – licensed for 8, currently 8 residents (100% occupancy) 3523 Glenmore Avenue, Baltimore, MD 21206 (Afternoon Tea) – licensed for 16, currently 12 residents 6511 Rosemont Avenue, Baltimore, MD 21206 (Phoenix Rising) – licensed for 15, currently 9 residents
$7,800,000.00
Estimated Monthly Payment: $34,435.72 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Baltimore | Property Type: Commercial - | |
| Lot Size: 0.19 Acres | School District: BALTIMORE CITY PUBLIC SCHOOLS | |
| Taxes: $13,608 | Status: PENDING | |
| Year Built: 2014 | MLS#: MDBA2182090 |
| Property Type: Commercial - | Municipality: Baltimore City | |
| Accessibility: 36"+ wide Halls, Chairlift, Mobility Improvements, Wheelchair Height Mailbox, Wheelchair Height Shelves, Other | Parking Notes: Handicap Parking | |
| Cooling: Central A/C | Sewer: Public Sewer | |
| Days on Market: 191 | Taxes: $13,608 | |
| Exterior: Brick | Total Garage/Parking Spaces: 4 | |
| Fuel Type: Natural Gas | Units: 1 | |
| Heating: 90% Forced Air | Water: Public | |
| Lot Description: Backs to Trees, Landscaping, Partly Wooded, SideYard(s) | Wooded: Yes | |
| Lot Dimensions: 0.19 Acre(S) | Year Built: 2014 | |
| Lot Size: 0.19 Acres |
| School District: BALTIMORE CITY PUBLIC SCHOOLS |
Listed By
Agency Name: Keller Williams Lucido Agency
Agency Phone: 4104656900
Shown By
Agency Name: Cummings & Co. Realtors
Agent Name: Sheri Hipsley Cummings & Co. Realtors
410-823-0033
Agent Phone: C (443) 756-5041