Senior Housing and Assisted Living Facilities for Sale in Michigan

ID#022855   Approximate Beds/Units:   100    Location:  Wayne 

Another firm is pleased to introduce a 14,682 SF Health Care Building with 100 beds located in Wayne, MI. This is a former Assisted Living Facility. The structure is a three-story building constructed in 1974, is situated on 3.8 acres, and was constructed in 1974. There is also an adjacent 5.61-acre lot available for sale. The property is zoned R3 (multifamily Residential District. There are 80 surface parking spaces. The seller is motivated.

ID#022864   Approximate Beds/Units:  30    Location:  Near Grand Rapids

Another firm is pleased to introduce a beautiful building with a state-of-the-art design. This is a 30-bed facility that has room to grow by $1000 per bed to stay with going rates locally. The facility is fully remodeled and a new addition with two licenses. There is a new steel roof on it and it is in immaculate condition with a new outside courtyard and pergola. The facility has a great reputation, a waiting list, and long-term staff. It is turn-key ready with great cash flow. This is a once-in-a-lifetime opportunity. This is the only memory center in town that has secured doors. It is a top-rated assisted living center with a full waiting list. It has a very active FB and website. The owner is looking to increase the monthly rate for all residents by $250/month with a cost of living increase which will increase revenue by almost $100,000/year which is all profit. The seller will stay on board for the first 90 days, and then be available by phone to help oversee the first year. It is a very profitable and beautiful center with a top-notch reputation. The center, staff, and residents are all amazing! This business is located just outside of Grand Rapids, MI.