For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Established Assisted Living Facility For Sale Title is generated by Realmo AI

    4187 Solomons Island Road, Harwood, MD 20776

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,800,000

    15-bed assisted living facility on 3.27 acres in Harwood, MD.

    Type:HC
    Lot size:
    3.27 Acres
    Added:
    Mar 19, 2024
    Days on Market:
    799
    Last Refresh:
    Apr 3 at 5:03 am

    Property Features for 4187 Solomons Island Road

    General Information

    Standard status
    Active
    Lot size
    3.27 Acres
    Property subtype
    HC

    Building Details

    Year Built
    1976

    We can help!

    Listing Contact
    Hedy L. Nelson, Esq.

    Listing agent Hedy L. Nelson, Esq. License #Maryland License #17714

    Listing office Keller Williams Select Realtors

    Listing date Mar 19, 2024

    Source Realnex

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Select Realtors

    HighLights

    • Turnkey operation including real estate and business, presenting a rare investment opportunity.
    • Licensed for Level 3 High Level of Care, the highest level in Maryland, allowing residents to age in place and offering hospice services.
    • Significant value‑add opportunities through rate adjustments, auxiliary service charges, expense optimization, and potential lower level rental.
    • Established assisted living facility with a strong reputation and consistently low vacancy rates.
    • Located on 3.27 acres in a desirable, accessible area of Anne Arundel County, close to Annapolis.
    • Features 15 beds (9 private, 6 semi‑private), a home‑like setting, and amenities like a hair salon, game room, and outdoor decks.

    Overview

    Country Home Assisted Living is available for sale, including both the real estate and the business. Established in 1986, this 15-bed assisted living facility provides a home-like setting for residents, featuring nine private rooms and six beds in three semi-private rooms. The facility has a license to provide Level 3 High Level of Care, the highest level available to assisted living facilities in Maryland, allowing residents to age in place and offering hospice services. Located on 3.27 acres with a sprawling lawn and mature trees, the property includes easy surface parking and all resident rooms on the main floor. The lower level offers storage space and additional rental possibilities. Amenities include a hair salon, game room, outdoor decks, TV room, and a main-level kitchen. The facility is located in Harwood, surrounded by rolling hills, farms, vineyards, and stately single-family homes, and is just minutes from Annapolis, Edgewater, Davidsonville, and other Anne Arundel County locations. The interiors, furnishings, and setting create a warm and comfortable environment, fostering a sense of community and well-being. The facility has a reputation for excellence in senior care and consistently low vacancy rates. The current owner has operated the facility since 2011 and has made many upgrades. Significant value-add opportunities exist, such as increasing rates for below-market rooms, instituting regular rate increases, charging for auxiliary services, sourcing economical suppliers, optimizing payroll, charging a community fee, and leasing the lower level. Further upgrades could yield higher room rates and additional net operating income increases. This turnkey operation offers the potential for significant returns and the satisfaction of providing essential services to an aging population.
    Property Profile Location Intelligence

    Current Use by Public Records

    Country Home Ltd Nursing Home

    Suggested Use

    Real Estate Agency Gym & Fitness Center Veterinary Clinic Nursing Home Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harwood
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6060972
    Latitude
    38.8765658

    FAQs

    What type of property is this?
    Assisted living facility - 15-bed assisted living facility on 3.27 acres in Harwood, MD.
    Where is this assisted living facility located?
    The property is located at 4187 Solomons Island Road Harwood, MD.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: Turnkey operation including real estate and business, presenting a rare investment opportunity.; Licensed for Level 3 High Level of Care, the highest level in Maryland, allowing residents to age in place and offering hospice services.; Significant value‑add opportunities through rate adjustments, auxiliary service charges, expense optimization, and potential lower level rental.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message