351 S Bay Mid County Line Rd - Assisted Livings FOR SALE


Midland, MI 48642
$789,900 USD
810-252-6749
351 S Bay Mid County Line Rd, Midland, MI for Sale
$789,900 USD
Assisted Livings - FOR SALE
1/48
null | Request Cap Rate

351 S Bay Mid County Line Rd
Midland, MI 48642


HIGHLIGHTS

  • Features 13 bedrooms and 4 bathrooms, providing ample space for residents.
  • Equipped with handicap ramps and oversized decks for easy access and outdoor enjoyment.
  • Generates a gross monthly income of $37,087 with additional rooms available for rent.

OVERVIEW

351 S Bay Mid County Line Rd, Midland, MI 48642 is an exceptional assisted living home nestled in a serene country setting. This property features 13 bedrooms and 4 bathrooms, offering a spacious and comfortable environment for residents. The home boasts abundant natural light, large windows, and an open design that encourages social interaction and relaxation. With multiple spacious living rooms, handicap ramps for accessibility, and oversized decks for outdoor enjoyment, this property provides a warm and inviting atmosphere. The expansive common areas are thoughtfully designed to support a high quality of life for its residents. Currently generating a gross monthly income around $40,000 with additional rooms available for rent, this property presents a lucrative investment opportunity

FOR SALE DETAILS

PRICE

$789,900 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

K And K Quality Care

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

Residential

APN/PARCEL ID

09-020-006-300-020-01

ASK ABOUT THIS PROPERTY

John SedlarikThe Sedlarik Group RealtyMore Info
810-252-6749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John SedlarikThe Sedlarik Group RealtyMore Info
810-252-6749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.