Courtesy of: Robert J Lucido, Keller Williams Lucido Agency, bob@boblucidoteam.com
Courtesy of: Robert J Lucido, Keller Williams Lucido Agency, bob@boblucidoteam.com
$7,800,000
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Lot: 0.19 Acres
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Other
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$7,800,000
3523 GLENMORE Avenue This offering presents a unique opportunity to acquire seven assisted-living facilities along with the ongoing, fully furnished business operation. Built from the ground up by the current owners 15 years ago, the homes are being sold together as a complete package. Collectively, the facilities are licensed for 78 residents, with a current census of 56, reflecting 72% occupancy. Each community is certified with zero deficiencies and supported by a caring, attentive staff, providing meals and assistance with daily living activities in comfortable, park-like residential settings. Current occupancy by facility is as follows: 411 Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden I) - licensed for 8, currently 5 residents 409 S Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden II) - licensed for 8, currently 4 residents 5426 Clover Road, Baltimore, MD 21215 (Pleasant Garden Clover) - licensed for 15, currently 12 residents 3603 Glenmore Avenue, Baltimore, MD 21206 (Pleasant Garden Glenmore) - licensed for 8, currently 6 residents 3711 Pinewood Avenue, Baltimore, MD 21206 (Pleasant Garden Pinewood) - licensed for 8, currently 8 residents (100% occupancy) 3523 Glenmore Avenue, Baltimore, MD 21206 (Afternoon Tea) - licensed for 16, currently 12 residents 6511 Rosemont Avenue, Baltimore, MD 21206 (Phoenix Rising) - licensed for 15, currently 9 residents
Courtesy of: Robert J Lucido, Keller Williams Lucido Agency, bob@boblucidoteam.com
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