4187 SOLOMONS ISLAND RD Harwood, MD 20776
7,458 SqFt
UPDATED:
08/27/2024 06:36 AM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 7,458 sqft
Price per Sqft $603
MLS Listing ID MDAA2083386
Originating Board BRIGHT
Year Built 1976
Annual Tax Amount $17,995
Tax Year 2024
Lot Size 3.270 Acres
Acres 3.27
Property Description
KW Commercial is pleased to present Country Home Assisted Living for sale (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.
Established in 1986, Country Home was the first assisted living facility in Anne Arundel County. The current owner has operated the facility since 2011. The facility has a license to provide Level 3 High Level of Care – the highest level of care license available to assisted living facilities in Maryland. Its services allow residents to age in place. It also offers hospice services.
Country Home is located on 3.27 acres with a sprawling lawn and mature trees in the back. The property offers 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, game room, outdoor decks, TV room, and main-level kitchen. With its cozy interiors, comfortable furnishings, and beautiful setting, this facility exudes warmth and comfort. 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. Owner needs to do little marketing and advertising.
The facility offers significant value add opportunities. A new owner could also explore the potential for growth.
The current owner has made many upgrades since acquiring the facility. Further upgrades could yield higher room rates and additional net operating income increases.
For experienced investors, as well as 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.
Location
State MD
County Anne Arundel
Zoning RA
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility 32\"+ wide Doors, 36\"+ wide Halls, Grab Bars Mod, Level Entry - Main, Roll-in Shower
Total Parking Spaces 10
Garage N
Building
Sewer Septic Exists
Water Public
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Tax ID 020138102896300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
