241 W Grand Ledge Hwy - Assisted Livings FOR SALE


Sunfield, MI 48890
$1,000,000 USD
248-678-1700
241 W Grand Ledge Hwy, Sunfield, MI for Sale
$1,000,000 USD
Assisted Livings - FOR SALE
1/2
null | Request Cap Rate

NEW


241 W Grand Ledge Hwy
Sunfield, MI 48890


OVERVIEW

Stanford Lodge of Sunfield is more than just an adult foster care facility—it also includes three leasable apartments as part of the sale, providing additional revenue opportunities. These units offer flexibility for potential buyers, whether as independent rentals, staff housing, or extended care accommodations. With built-in leasing potential, the property presents an attractive investment in both senior care and real estate income. ?Stanford Lodge of Sunfield's low occupancy rate of 55% presents a significant value-add opportunity for potential investors. By increasing occupancy, new ownership can unlock additional revenue streams and improve overall profitability. This underutilization offers room for operational growth, making it an attractive investment opportunity. With strategic management, filling vacant units could significantly boost revenue and overall operational efficiency. ?Having both private and publicly funded tenants at Stanford Lodge of Sunfield ensures financial stability and a diversified revenue stream. Private-pay residents often bring higher rates, while publicly funded tenants provide consistent occupancy through government programs. This balanced mix can help mitigate financial risks, enhance cash flow, and ensure long-term sustainability for the facility.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

-

APN/PARCEL ID

011-011-100-001-00

ASK ABOUT THIS PROPERTY

Bill MeiserMax Broock CommercialMore Info
248-678-1700

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Bill MeiserMax Broock CommercialMore Info
248-678-1700

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