4187 Solomons Island Rd, Harwood, MD 20776
For Sale
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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.
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Country Home Ltd Nursing Home Retirement Community
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RA · Harwood, MDHarwood. Always verify with local authorities before improvements.
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.