Building Details

Year Built 1950

Listing Agency: Eagle Realty r***@eaglerealtymi.com Show Phone

Listed By: Richard Adgate

Source: Xome

Added: Apr 27 Changed: Jul 10 Last Checked: Jul 16 at 6:28AM

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Investment Insights

Based on property information with market context.

This property is currently operated as an AFC home providing 8+ bed assisted living accommodations. The configuration includes units with a full bathroom in each unit. The owner has invested in improvements intended to support day-to-day operations, including newer HVAC and additional interior updates.

The facility is located at 6065 Howard City Edmore Road in Richland Twp, MI 48891. It is being offered for sale as a functioning, income-producing healthcare property with a stated good history of income.

For buyers seeking a turn-key assisted living facility, the in-place unit configuration with private full bathrooms may support resident privacy and operational consistency. The recent HVAC and interior improvements can also reduce near-term capital pressure associated with major systems and interior conditions. This is a straightforward acquisition opportunity for an owner-operator or investor looking to purchase a currently operating assisted living home with documented operating history and recent upgrades.

Key Highlights

• Assisted living property currently operated as an 8+ bed home with private units, each with a full bathroom
• Owner reports newer HVAC and other interior improvements
• Composition roof

Property Analytics

Property Profile

Current Use

Assisted living facilities

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Big Box & Wholesale Store Cafe & Coffee Shop Restaurant Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 48891, MI

2,828

Population

1,268

Households

2.2

Avg Household Size

43

Median Age

14%

College-Educated

90%

High-School Grad

40.3 sq mi

ZIP Area

70

Density / Sq Mi

$53,661

Median Household Income

$28,966

Median Earnings

$872

Median Rent

$123,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Assisted living facility - For sale assisted living property with 8+ private units, each with a full bathroom, plus updated HVAC and interiors.

Where is this assisted living facility located?

The property is located at 6065 Howard City Edmore Road Vestaburg, MI.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Assisted living property currently operated as an 8+ bed home with private units, each with a full bathroom; Owner reports newer HVAC and other interior improvements; Composition roof