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Property profile

37 Willow Ave Towson, MD 21286

OFF-MARKET
Commercial real estate
Property ID
US40-0565353
View Sample
0.23 ac lot Built 1959

Property summary

AI-generated overview

This exceptional property, located at 37 Willow in the heart of Towson, Maryland, presents a unique opportunity in the assisted living market. The house is fully equipped and currently licensed to operate as a five-bed assisted living facility, offering immediate income potential. However, the property's zoning allows for expansion, with the possibility of increasing capacity to seven beds, significantly enhancing revenue prospects. The building boasts ample parking, ensuring convenient access for residents, visitors, and staff. Accessibility features are a key highlight, including a ramp and handicap-accessible showers, catering to the needs of a diverse resident population. A comprehensive sprinkler system is installed throughout the property, providing essential fire safety and protection. Beyond the main living areas, a finished basement offers versatile space, ideal for resident entertainment or as staff quarters, adding to the operational efficiency of the facility. The 0.23-acre lot provides sufficient outdoor space. Showings are strictly by appointment only, allowing for a focused and informative presentation of this exceptional investment opportunity. This turnkey operation is ready for a new owner to continue its success or expand its services. The property is situated in a desirable Towson location, offering easy access to local amenities and services.

Property profile

Verified
Property type Commercial real estate
Year built 1959
Lot 0.23 ac (10,019 SF)
UPID US40-0565353

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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