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    FOR SALE
    Assisted living facilities

    4187 Solomons Island Rd, Harwood, MD 20776

    5,215 SF 3.27 ac lot Built 1976
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US40-1129203
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Assisted living facilities
    Use group HOMES (RETIRED, NURSING)
    Year built 1976
    Construction BRICK
    Total area 5,215 SF
    Lot 3.27 ac (142,441 SF)
    Zoning code RA
    APN 01-381-02896300
    UPID US40-1129203
    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
    • Country Home Ltd 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
    $815k
    Owner & transaction history
    Regner Investment Prop LLC · 14 yrs held
    Regner Investment Prop LLC
    since 2011
    1 recorded transaction
    2011
    $850,000
    Zoning & alternative use
    RA · Harwood, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.1M +24.9%
    Retail stores $990,000 +8.6%
    Auto repair, garage $990,000 +8.4%
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    More about this property
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