18 Bed Senior Assisted Living Home in Genesee County, Michigan

This listing presents a well-established 18-bed senior assisted living home located in Genesee County, Michigan. The business has been operating for 36 years and is consistently at full capacity with 18 residents, offering care for individuals needing assistance with daily living activities. The facility boasts 14 rooms and is situated on a main road with commercial zoning, providing excellent visibility and accessibility. Key operational features include a backup generator, a sprinkled system, and a maintenance-free exterior, ensuring reliable and safe operations. The business comes with an additional lot, offering significant expansion potential. The asking price is $1,100,000, which includes the real estate valued at $800,000. Gross revenue for the past year was $424,882, with patient monthly rates ranging from $2,800 to $4,800. This is a turn-key opportunity for an investor looking to enter or expand in the growing senior care market.