2500 Briggs Chaney Rd, Silver Spring, MD 20905

This exceptional owner-user opportunity presents a thriving senior living facility in Silver Spring, Maryland. The property, located at 2500 Briggs Chaney Rd, encompasses a 6,174 square foot, two-level brick rancher with a walk-out basement. Built in 1969, the facility boasts eight beds, five full baths, and one half bath, currently housing female residents with monthly rates ranging from $3,500 to $4,500 per bed (higher rates for male residents). The asking price is $1,200,000, with $950,000 allocated to the real estate (including land and improvements) and $250,000 for the established business, including all furniture, fixtures, and equipment. Recent upgrades include a new air conditioning system, a six-year-old water heater, a five-year-old roof, and six-year-old windows. A sprinkler system is also in place. The property features an oversized detached two-car garage with loft space, offering potential for expansion. Situated on a nearly one-acre lot with a circular driveway accommodating ten cars, the property also includes a large fenced backyard. The location is highly convenient, minutes from major thoroughfares including the ICC, Route 29, I-95, 198, and 650. The facility has a history of success, operating since 1999, and receives residents through placement agencies and county referrals. The nearly one-acre lot provides ample space for potential expansion to accommodate additional residents (verification with the county is recommended). This is a turnkey operation ideal for an owner-operator seeking a profitable and established business.