ID#020842    Approximate Beds/Units:  15    Location:  Harwood

Another firm is pleased to introduce a unique turn-key investment opportunity in the thriving senior care industry. Established in 1986, this facility was the first assisted living facility in Anne Arundel County. It is licensed to provide Level 3 High Level of Care – the highest level of care license available to assisted living facilities in Maryland. This sale is for the 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 The current owner has operated the facility since 2011. Its services allow residents to age in place. The facility also provides hospice services. It is on 3.27 acres with a sprawling lawn and mature trees in the back. The property includes 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, a game room, outdoor decks, a TV room, and a main-level kitchen. With its cozy interiors, comfortable furnishings, and beautiful setting, this facility exudes warmth and comfort. The 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. The owner needs to do little marketing and advertising. The facility offers significant value-added opportunities. The current owner has made many upgrades since acquiring the facility. Adding additional upgrades could yield higher room rates and additional net operating income increases. For experienced investors and 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.

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Harwood $4.5M ID#020842

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