$7,800,000

3523 GLENMORE AVE, Baltimore, MD 21206

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2014
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

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

Listing Status:
Active
Listing Office:
Keller Williams Lucido Agency : 4104656900
Listing Agent:
Robert J Lucido : 4104656900
MLS ID:
MDBA2182090
  • A/C: Central A/C
  • Heating: 90% Forced AirNatural Gas
  • Disability Feature: 36"+ wide HallsChairliftMobility ImprovementsWheelchair Height MailboxWheelchair Height ShelvesOther

This listing courtesy of Robert J Lucido, Keller Williams Lucido Agency

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Glenmount Elementary/Middle School

6211 Walther Ave, Baltimore, MD, 21206

Grades PK-8

0.27 miles away

G

Glenmount Elementary/Middle School

6211 Walther Ave, Baltimore, MD, 21206

Grades PK-8

0.27 miles away

C

City Neighbors High School

5609 Sefton Ave, Baltimore, MD, 21214

Grades 9-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.