Assisted Living

Alma, MI Assisted Living Facilities for Sale

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Purpose-Built Nursing Home Campus
Updated: Jun 15
Purpose-Built Nursing Home Campus

842 W Warwick Drive, Alma, MI 48801

$4,950,000
34,539 sqft 6.19 AC lot
45 private resident suites, each with an en‑suite bathroom
6.19‑acre healthcare campus in Alma, Michigan
Three residential wings with dedicated nursing stations, kitchens, and support areas
Whole‑building emergency backup generator and comprehensive fire suppression system
Dedicated commercial kitchen area remains in place
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1 active listing matches your search: Assisted Living for sale in Alma, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Assisted Living Campus with Walkout Basements
Assisted Living Campus with Walkout Basements

3205 Supply Road, Traverse City, MI 49686

$1,490,000
7,990 sqft 7.44 AC lot

Two barrier-free residential buildings with shared community spaces, fire suppression, and guest walking paths.

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Three-Property Adult Foster Care Portfolio
Three-Property Adult Foster Care Portfolio

1690 N Center Road, Saginaw, MI 48638

$369,900
4,130 sqft

Package acquisition of three licensed adult foster care homes with real estate and operating business included.

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Barrier-Free Assisted Living Facility
Barrier-Free Assisted Living Facility

3205 Supply Road, Traverse City, MI 49686

$749,000
3,995 sqft 3.83 AC lot

Existing residential-style layout includes shared gathering areas, accessible features, and a walking path across a country setting.

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Adult Foster Care Facility Portfolio
Adult Foster Care Facility Portfolio

1610 Gratiot Avenue, Saginaw, MI 48602

Contact for pricing
2,562 sqft

For sale licensed AFC portfolio in Saginaw County with three operating facilities across separately licensed locations.

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Alma, MI Assisted Living Facilities Market Trends and Statistics

Explore 1 assisted living facilities for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 34,539 square feet of properties for sale, with an estimated market value of $4,950,000.

Sale prices for assisted living facilities in Alma, MI average $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Assisted living facilities 1
Nursing homes 1
Rehabilitation centers 1
Senior Housing / Retirement Homes 1

Demographics Overview

Population 13K
Population Growth (5Y) +5.6%
Median Household Income $57,449
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48801 $5M

Taxes & Financing

Tax Rate (average for all types) 4.53%
Tax Rate vs County Average 0.57 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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