See Similar Listings

Successful Assisted Living Facility & Real Estate For Sale - 15 Beds

Baltimore County, MD
Charming Victorian

Seller Financing Available

Charming Victorian
Asking Price:$2,700,000
Established Year:1994
Listing ID: 1788690Listing provided by BizBuySell
BUSINESS DESCRIPTION

Wonderful Alternative to a Nursing Home - 24-Hour Care Assisted Living

NOW ACCEPTING BIDS: a well-maintained and currently staffed 15 bed, state licensed, Level-3 facility that has been in operation since 1994. Sale includes the Assisted Living Facility (ALF) business and real estate. Current owner willing to train. New owner could hire management team.

For more information and to request the Confidentiality Agreement, please contact James by
TEXT: 202-491-5300

Sealed-Bid Sale Details: The business and real estate are being sold by Sealed-Bid Sale. Please request the Confidentiality Agreement for Sealed-Bid Instructions and Broker Registration. A Buyer Premium of 7% shall be added to the sale price, payable by the buyer. Now accepting bids. In the event of a concluded sale, registered real estate Buyer Agent shall receive a market commission.

Facility Details:
We have fully renovated 1900s (24 room) Victorian home to accommodate 15 seniors who enjoy the warmth and comforts of a residential setting in a bedroom community of Baltimore County. In close proximity to University of Maryland Baltimore County (UMBC), Johns Hopkins Hospital (JHH), Ascension Saint Agnes Hospital, and BWI Airport. Our staff offers 24 hour supervision, as well as the services of our ‘house’ physician in the event that a primary care physician is needed.

We offer both private and semi-private rooms among 3 floors. An elevator and ADA approved bathroom provide access for those in need. Our family-style dining room and large living room promote companionship and a sense of family among friends. The property is situated on over a 1-acre lot with towering oak trees and various flowers and shrubbery to enjoy from the wrap-around porch. We encourage independence, activities, and social outings, as well as visits from friends, relatives, and family members of our residents.

We are monitored and inspected quarterly by the Baltimore County Dept. of Aging as well as the Department of Health and Mental Hygiene and Baltimore County Fire Dept. Our average pricing is based on private vs. semi-private as well as the level of care and services needed.

Personal Services Offered:
• 24-Hour oversight
• Assistance with personal hygiene
• Laundry
• Home Cooked Meals
• Snacks
• Housekeeping

In-House Medical Services:
• Medication Monitoring
• Rehabilitation
• Home Health
• 24 Hour on-call nurse
• Respite care

Neither Summit CRE, their affiliates, employees, or representatives makes any representation or warranty as to the accuracy or reliability of this information. We encourage any user of this information to independently confirm its accuracy and completeness.

ATTACHED DOCUMENTS
Beechwood Sealed Bid Sale Flyer 2023.pdf.pdf Download
DETAILED INFORMATION
Location
Baltimore County, MD
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,588
Facilities
• Turnkey operation • All licenses transfer • Staff and Vendor contracts in place • Great Reputation with residents, families, and licensing authorities. • Stable Occupancy. Included in the sale is the Victorian mansion, modernized with accessibility features, including elevator and fire sprinkler system, sitting on a manicured 1-acre lot. Also part of the package is a fully equipped kitchen, laundry facilities, medical equipment, and comfortable furniture.
Competition
With the growing senior population preferring homestyle-care settings, the demand for residential care facilities is on the rise. Despite larger competitors, our warm, home-like atmosphere and personalized care make us a preferred choice.
Growth & Expansion
Expansion opportunities abound, from opening additional locations, using this turnkey Assisted Living Facility (ALF) model, to considering franchising, thanks to our sterling reputation and robust operational model. Additionally, Room Rates are currently below both national and Baltimore area averages. Pricing for this turnkey 15-bed Assisted Living facility reflects both the Real Estate and the Operating Business together as the "going concern."
Financing
Seller Financing Potentially Available
Support & Training
The current owner pledges full support, providing comprehensive training on operations, staff management, resident care, and compliance requirements. Post-sale support will be available on a mutually agreeable basis, to address potential queries and guide the new owner.
Reason for Selling
Owner is retiring and relocating out of state.
Report an Issue with this listing
James Connelly
Phone Number
James Connelly
Call Phone