Licensed Residential Care Group
For Lease
$2,800,000
400 Torrington Rd, Litchfield, CT 06759
Licensed group home offering up to 68 residents across single and double occupancy bedrooms for residential care operations.
Space SizeContact for details
Days on Market811
Property Features for 400 Torrington Rd
General Information
Standard status
Active
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$24,302
Listing Agency:
John Lomonte R. E. Appr.
(860) 798-4715
Listed By:
Giovanni Lomonte
(860) 798-4715
Source:
Exprealty
Added: May 25, 2024
Changed: Aug 8
Last Checked: Aug 12 at 2:11PM
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 John Lomonte R. E. Appr.
Investment Insights
Based on property information with market context.
The property is a licensed “Group Home” operated under DBA Fernwood Rest Home, Inc., also known as a Residential Care Home (RCH). The facility totals 17,990 square feet and is licensed for a maximum occupancy of 68 residents, with accommodations structured as 36 bedrooms in a mix of single- and double-occupancy rooms.
The offering is for rent, and the current owners are seeking to retire after many years of operation. Financial information, including income and expenses, is available upon request.
This configuration is designed for operators seeking a residential care setting with established licensing parameters tied to maximum occupancy and bedroom count. For prospective tenants or buyers, the existing group home layout and bedroom mix can support care programs intended for up to 68 residents, subject to the applicable licensing and operating requirements.
The offering is for rent, and the current owners are seeking to retire after many years of operation. Financial information, including income and expenses, is available upon request.
This configuration is designed for operators seeking a residential care setting with established licensing parameters tied to maximum occupancy and bedroom count. For prospective tenants or buyers, the existing group home layout and bedroom mix can support care programs intended for up to 68 residents, subject to the applicable licensing and operating requirements.
Key Highlights
- Licensed residential care group home (dba Fernwood Rest Home, Inc.; aka Residential Care Home/RCH)
- Maximum occupancy of 68 residents (up to 36 bedrooms)
- Group home uses a mix of single- and double‑occupancy bedrooms totaling 68 residents
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06759, CT
5,729
Population
2,885
Households
2
Avg Household Size
51
Median Age
57%
College-Educated
97%
High-School Grad
53.7 sq mi
ZIP Area
107
Density / Sq Mi
$113,472
Median Household Income
$57,329
Median Earnings
$1,313
Median Rent
$430,100
Median Home Value
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Similar Off Market Nearby
- Fernwood Rest Home Inc — 400 Torrington Rd, Litchfield, CT 06759
Frequently Asked Questions
What type of property is this?
Assisted living facility - Licensed group home offering up to 68 residents across single and double occupancy bedrooms for residential care operations.
Where is this assisted living facility located?
The property is located at 400 Torrington Rd Litchfield, CT.
What is the lease rate?
The lease rate is $2,800,000.
What are key features of this property?
This property features: Licensed residential care group home (dba Fernwood Rest Home, Inc.; aka Residential Care Home/RCH); Maximum occupancy of 68 residents (up to 36 bedrooms); Group home uses a mix of single- and double‑occupancy bedrooms totaling 68 residents
