351 Bay Mid County Line Rd, Midland, MI 48642
This exceptional 5,568 square foot assisted living facility is situated on a 3-acre lot in Midland, MI, at 351 S Bay Mid County Line. The property offers abundant natural light through large windows and an open design, creating a welcoming and comfortable atmosphere. Multiple spacious living rooms provide ample areas for social interaction and relaxation. Accessibility is a key feature, with strategically placed handicap ramps ensuring easy navigation throughout the building. The property includes oversized decks, ideal for outdoor enjoyment and entertaining. Currently, 12 of the 18 available beds are rented, presenting an immediate income stream and potential for future growth. The property's serene country setting provides a tranquil environment for residents. This well-maintained facility is designed to support a high quality of life, offering a blend of functionality and peaceful surroundings. The property's size and features make it an attractive investment opportunity in the thriving Midland market. The building's design prioritizes both resident comfort and ease of access, making it a desirable option for assisted living needs. The existing rental income provides a strong foundation for a successful investment.
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
Similar Nearby for Lease
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.