3523 Glenmore Ave

Highlights:

• Days on Market: 50
• Parking Features: Handicap Parking
• Heating: 90% Forced Air

Description:

Backs to Trees, Landscaping, Partly Wooded, SideYard(s)

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

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Listing ID: 804136033242