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Property profile & analytics
OFF-MARKET
Assisted living facilities
19759 23rd Mile Rd, Macomb, MI 48042-4223
Entity Owned
6-yr Hold
Free & Clear
Property ID
US43-1799091
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2020
Construction
WOOD FRAME
Total area
118,343 SF
Lot
7.33 ac (319,295 SF)
Zoning code
R1
APN
20-08-16-400-014
UPID
US43-1799091
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Westwood Inn - Senior Living Community Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
County Of Macomb · 6 yrs held
County Of Macomb
since 2019
7 recorded transactions
Zoning & alternative use
R1 · Macomb, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Macomb submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macomb submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$659,559
Tax year 2022
Assessed value
$11,296,140
Assessed 2023
Previous assessed
$13,432,600
-15.9% YoY
Effective rate
5.84%
On assessed value
Total market value
$22,592,280
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2020
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
118,343 SF
Lot
7.33 ac (319,295 SF)
Zoning code
R1
APN
20-08-16-400-014
UPID
US43-1799091
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
R1 · Macomb, MI
Zoning R1 · permitted uses
R1 · Macomb, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macomb. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
7.33 ac
Current owner
From public records · entity-resolved
County Of Macomb
Entity
Free & Clear · 6 yrs held
Mailing address
16700 23RD MILE RD, MACOMB, MI 48044-1100
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2019
—
Westwood Macomb R & E Hldgs LLC
—
Grant Deed
related
$27,909,300 · Barings Multifamily Cap LLC
Sep 13, 2019
—
County Of Macomb
Westwood Macomb R/e Hldgs LLC
Quit Claim Deed
related
—
May 25, 2018
—
Westwood Macomb R & E Hldgs LLC
West,kevin & Julieann
Quit Claim Deed
related
—
May 18, 2018
—
Kevin West
Covenant Realty INC
Quit Claim Deed
—
Oct 2, 2015
—
West,donald E Trust
West Donald E Living Trust
Quit Claim Deed
related
—
Dec 20, 2006
—
Covenant Realty INC
Kukuk,alvin
Quit Claim Deed
related
—
Dec 13, 2006
$600,000
Kevin West
Covenant Realty INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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