4187 Solomons Is Rd Harwood, MD 20776-9440

Property Details for 4187 Solomons Is Rd

Year built

1976

Construction

BRICK

Lot size

3.27 lot acres

Property size

5,215 SF

Zone code

RA

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

01-381-02896300

APU

138102896300

Description

This exceptional 7,458 sq ft assisted living facility in Harwood, MD, presents a unique investment opportunity. Established in 1986, it's a licensed Level 3 High Level of Care provider—the highest level in Maryland—allowing residents to age in place and includes hospice services. The 15-bed facility features nine private rooms and three semi-private rooms, all conveniently located on the main floor for easy access. The lower level offers ample storage and potential for additional rental income. Situated on 3.27 acres, the property boasts a sprawling lawn, mature trees, and ample surface parking. Amenities include a hair salon, game room, outdoor decks, TV room, and a main-level kitchen. The property's prime location offers a tranquil country setting while remaining minutes from Annapolis and other Anne Arundel County areas. The facility enjoys consistently low vacancy rates due to its excellent reputation and personalized care. Significant value-add opportunities exist, including potential for higher room rates and increased net operating income through further upgrades. This turnkey operation offers a rare chance to acquire a thriving business and desirable real estate, providing essential services to a growing senior population. The current owner has made numerous upgrades since 2011.

Location Insight

City

Harwood

County

Anne Arundel

State

Maryland

Longitude

-76.6058

Latitude

38.8762

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments