ID#020841  Approximate Beds/Units:  15    Location:  Bowie

Another firm is pleased to introduce a 5,533 Sq Ft Health Care Building with 15 beds offered at a 4.45% cap rate in Bowie, MD. This is a magnificent opportunity to purchase a healthy thriving business that includes the real estate (5,533 Sq. Ft.),  land (2.26 acres), and the business! The property is a 15-resident assisted living facility operating under the same ownership since 2002. The value includes furniture, fixtures, and equipment (FF&E), and any going-concern value typically associated with an assisted living property. The price is reflective of appraised values. The NOI on this investment is strong and has major growth opportunities. This industry has a demographic that is a sure fit for a solid long-term investment that can provide a strong rate of return. The staff, trade items, and furniture are built into the valuations. The current owner/director is willing to onboard to ensure the quality of operations for the new director/owner(s). THIS TYPE OF DEAL DOESN’T HAPPEN OFTEN, DONT MISS YOUR OPPORTUNITY!! Highlights: Updated and renovated with beautiful natural lighting throughout! Full of space and wildlife scenery, this is a huge spacious facility with private bedrooms and bathrooms.

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Bowie $4.65M – ID#020841

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