Assisted Living Facility
For Sale
$7,800,000
3523 GLENMORE AVENUE, Baltimore, MD 21206
Seven fully furnished assisted-living facilities are being offered as a complete, turnkey package with licensed resident capacity of 78.
Property Size4,851 SF
Days on Market368
Property Features for 3523 GLENMORE AVENUE
General Information
Standard status
Active
Size
4,851 SF
Property subtype
Five Or More Units
Occupancy
72%
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$13,608
Building Details
Building Size
4,851 SF
Year Built
2014
Listing Agency:
Keller Williams Lucido Agency
Listed By:
Robert J Lucido · License #4037
(410) 465-6900
Source:
Barnesrealestatecompany
Added: Sep 3, 2025
Changed: Sep 4
Last Checked: Aug 15 at 9:27AM
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 Keller Williams Lucido Agency
Investment Insights
Based on property information with market context.
This offering presents a package of seven assisted-living facilities being sold together as a complete, ongoing operation. Built from the ground up by the current owners approximately 15 years ago, the homes are being marketed as furnished communities and operate under an existing business model.
Collectively, the facilities are licensed for 78 residents, with a stated current census of 56, representing 72% occupancy across the portfolio. The properties are described as certified with zero deficiencies.
Current occupancy varies by community, including one facility at 100% occupancy and others licensed for 8, 15, or 16 residents with current census levels provided for each address.
Collectively, the facilities are licensed for 78 residents, with a stated current census of 56, representing 72% occupancy across the portfolio. The properties are described as certified with zero deficiencies.
Current occupancy varies by community, including one facility at 100% occupancy and others licensed for 8, 15, or 16 residents with current census levels provided for each address.
Key Highlights
- Seven assisted‑living facilities sold together as a complete package with the ongoing fully furnished business operation
- Built in 2014
- Total licensed capacity for 78 residents; current census is 56 (72% occupancy)
Property Analytics
Property Profile
Current Use
Lease Details
72%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
495
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
- Charlie's Angels Plus Assisted Living — 4215 Bayonne Ave, Baltimore, MD 21206
- Irene's Manor Assisted Living Inc — 4602 Glenarm Ave, Baltimore, MD 21206
- C & S Loving Arms Supportive Living — 5400 Creston Ave, Baltimore, MD 21214
- Dunaway Caring Hearts LLC — 5410 Pembroke Ave, Baltimore, MD 21206
- HomeCare Plus — 5844 Belair Rd Suite 1, Baltimore, MD 21206
Frequently Asked Questions
What type of property is this?
Assisted living facility - Seven fully furnished assisted-living facilities are being offered as a complete, turnkey package with licensed resident capacity of 78.
Where is this assisted living facility located?
The property is located at 3523 GLENMORE AVENUE 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; Total licensed capacity for 78 residents; current census is 56 (72% occupancy)
