Turnkey Assisted Living
For Sale
$7,800,000
3523 Glenmore Avenue Baltimore, Baltimore, MD 21206
Seven licensed assisted-living homes totaling 78 resident capacity, operating fully furnished as a complete package sale.
Property Size4,851 SF
Price / SF$2,228
Days on Market48
Property Features for 3523 Glenmore Avenue Baltimore
General Information
Standard status
Active
Size
4,851 SF
Total Parking Spaces
4
Zoning
R-4
Occupancy
72%
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$13,608
Building Details
Building Size
4,851 SF
Year Built
2014
Listing Agency:
(609) 881-2414
Listed By:
Carl SanFilippo
(609) 881-2414
Source:
Mercercountyhomesforsale
Added: Jun 30
Changed: Aug 8
Last Checked: Aug 10 at 2:27AM
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 Carl SanFilippo
Investment Insights
Based on property information with market context.
This offering includes seven assisted-living facilities offered together with the ongoing, fully furnished business operation. The homes were built from the ground up by the current owners approximately 15 years ago and are being sold as a complete package. Collectively, the facilities are licensed for 78 residents with a current census of 56, reflecting 72% occupancy. The communities are described as certified with zero deficiencies and supported by a staff providing meals and assistance with daily living activities in comfortable, park-like residential settings.
The properties are located at 411 Chapelgate Lane and 409 S Chapelgate Lane in Baltimore, MD 21229; 5426 Clover Road in Baltimore, MD 21215; 3603 Glenmore Avenue, 3711 Pinewood Avenue, and 3523 Glenmore Avenue in Baltimore, MD 21206; and 6511 Rosemont Avenue in Baltimore, MD 21206. Current occupancy by facility varies, including one site at 100% occupancy.
For a qualified operator or buyer seeking a multi-site healthcare platform, this package provides seven licensed homes and an operating, furnished business continuity plan as part of one transaction. The licensed capacities and current resident census offer a ready framework for managing the communities under the existing assisted-living structure.
The properties are located at 411 Chapelgate Lane and 409 S Chapelgate Lane in Baltimore, MD 21229; 5426 Clover Road in Baltimore, MD 21215; 3603 Glenmore Avenue, 3711 Pinewood Avenue, and 3523 Glenmore Avenue in Baltimore, MD 21206; and 6511 Rosemont Avenue in Baltimore, MD 21206. Current occupancy by facility varies, including one site at 100% occupancy.
For a qualified operator or buyer seeking a multi-site healthcare platform, this package provides seven licensed homes and an operating, furnished business continuity plan as part of one transaction. The licensed capacities and current resident census offer a ready framework for managing the communities under the existing assisted-living structure.
Key Highlights
- Seven assisted‑living facilities sold together as a complete package with the ongoing, fully furnished business operation
- Built in 2014 by the current owners (from the ground up)
- Total licensing for 78 residents with 56 residents in current census (72% occupancy)
Property Analytics
Property Profile
Current Use
Lease Details
72%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21206, MD
49,470
Population
21,939
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
6,777
Density / Sq Mi
$62,965
Median Household Income
$46,426
Median Earnings
$1,215
Median Rent
$213,700
Median Home Value
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Similar Off Market Nearby
- Irene's Manor Assisted Living Inc — 4602 Glenarm Ave, Baltimore, MD 21206
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- Charlie's Angels Plus Assisted Living — 4215 Bayonne Ave, Baltimore, MD 21206
- HomeCare Plus — 5844 Belair Rd Suite 1, Baltimore, MD 21206
- Dunaway Caring Hearts LLC — 5410 Pembroke Ave, Baltimore, MD 21206
Frequently Asked Questions
What type of property is this?
Assisted living facility - Seven licensed assisted-living homes totaling 78 resident capacity, operating fully furnished as a complete package sale.
Where is this assisted living facility located?
The property is located at 3523 Glenmore Avenue Baltimore Baltimore, MD.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: Seven assisted‑living facilities sold together as a complete package with the ongoing, fully furnished business operation; Built in 2014 by the current owners (from the ground up); Total licensing for 78 residents with 56 residents in current census (72% occupancy)
