790 Us-23, Harrisville, MI 48740
This exceptional business opportunity presents a fully operational, 5-star rated nursing home in Harrisville, Michigan. Spanning 21,680 square feet on an expansive 11-acre lot, this established facility has provided 24-hour professional care for over 40 years. The comprehensive services offered include long-term care, basic care, rehabilitation, specialized Alzheimer's/Dementia care, hospice care, and respite care. The property boasts numerous dining areas to accommodate diverse needs, along with private patient rooms designed for comfort and privacy. Residents enjoy access to a dedicated chapel for spiritual reflection and ample common areas, including a comfortable living room, fostering a welcoming and supportive environment. Included in the sale is a separate guest house/owner's residence situated conveniently at the front of the main building. Multiple outbuildings provide valuable storage space, enhancing the operational efficiency of the entire complex. This turnkey operation offers a rare chance to acquire a well-established and successful business with significant growth potential in a desirable location. The asking price is $1,799,000. This represents a unique opportunity for an investor seeking a stable and rewarding venture in the healthcare sector.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.