Country Home Assisted Living — Sale in Harwood, MD

  • Price: $2.5M
  • Listing type: For sale
  • Asset type: Business
  • Location: Harwood, MD 20776
  • Size: 8,215 SF
  • Year built: 1976

Investment Figures

Cap rate
10.40%
Price per square foot
$304
Price per unit
$166,667 across 15 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

KW Commercial is pleased to present Country Home Assisted Living for sale (real estate and business). This all private-pay 15-bed assisted living facility provides a home-like setting for its residents, including nine private rooms and six beds in three semi-private rooms. The lower level offers storage space and additional rental possibilities. Established in 1986, Country Home was the first assisted living facility in Anne Arundel County. The current owner has operated the facility since 2011. The facility has a license to provide Level 3 High Level of Care – the highest level of care license available to assisted living facilities in Maryland. Its services allow residents to age in place. It also offers hospice services. Country Home is located on 3.27 acres with a sprawling lawn and mature trees in the back. The property offers easy surface parking steps from the front door. Easy access continues with all resident rooms located on the main floor. Surrounded by rolling hills, farms, vineyards, and stately single-family homes, Harwood has a country feel, but is just minutes away from Annapolis, Edgewater, Davidsonville and other Anne Arundel County locations. Amenities include a hair salon, game room, outdoor decks, TV room, and main-level kitchen. With its cozy interiors, comfortable furnishings, and beautiful setting, this facility exudes warmth and comfort. Residents and their families appreciate the inviting environment, which fosters a sense of community and well-being. With a reputation for excellence in senior care, this facility has established itself as a trusted provider in the local community. Its commitment to personalized care and attention to detail has garnered positive reviews and word-of-mouth referrals. Its reputation has meant consistently low vacancy rates. Owner needs to do little marketing and advertising. The facility offers significant value add opportunities. Possibilities include identifying additional income sources and trimming expenses

Market Context

This commercial property in Harwood, MD is listed for sale at $2,500,000 across 8,215 SF ($364/SF). It is offered at an approximate 10.4% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 1976. It has been on the market for 72 days. Compare it against other commercial property listings for sale in Harwood, MD — view the full market.

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