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    Hillman, MI
    Assisted Living

    Hillman, MI Assisted Living Facilities for Sale

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    Assisted Living Facility with 20 Apartments
    Updated: Feb 2
    Assisted Living Facility with 20 Apartments

    200 N Elizabeth Street, Hillman, MI 49746

    $1,400,000
    13,184 sqft 2.30 AC lot
    20 individual apartments within a licensed assisted living facility
    13,184 square feet on 2.3 acres
    Common areas, salon, resident spaces, and staff work areas
    Accessible approach with ramp and on‑site parking lot
    Municipal water/sewer and fiber internet
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hillman, MI, we suggest exploring several alternatives: 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.

    View details
    Barrier-Free Assisted Living Facility
    Barrier-Free Assisted Living Facility

    3255 Mahoney Drive, Traverse City, MI 49686

    $749,000
    3,995 sqft 3.61 AC lot

    Former adult foster care property with shared gathering areas, accessible features, and flexible care-oriented layout.

    View details
    Assisted Living Facility with Acreage
    Assisted Living Facility with Acreage

    8155 Blackman Road, Kingsley, MI 49649

    $725,000
    5,800 sqft 9.97 AC lot

    Licensed adult foster care property with accessible main-floor living, multiple common areas, and extensive on-site support space.

    View details
    Duplex Property with Pole Barn
    Duplex Property with Pole Barn

    8155 Blackman Road, Kingsley, MI 49649

    $725,000
    5,800 sqft 9.97 AC lot

    Ranch-style layout includes separate electrical services, two septic systems, and a finished walkout basement.

    View details

    Hillman, MI Assisted Living Facilities Market Trends and Statistics

    Explore 1 assisted living facilities for sale in Hillman, MI on our real estate platform. These investment opportunities span a total of 13,184 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for assisted living facilities in Hillman, MI average $1,400,000 — 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

    Demographics Overview

    Population 3,502
    Population Growth (5Y) +5.6%
    Median Household Income $47,776
    College Educated 17.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49746 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.17%
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

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