3965 Newt Drive, Gaylord, MI 49735
sale
$550,000
|
Other
Courtesy Of The TEAM Real Estate Group
2680 M-32, Gaylord, MI
Fully operational and state-licensed 6-bed, 2-bath adult foster care (AFC) home on 7.7 acres in Otsego County. This 2,824 sq ft facility has a pristine 27-year compliance history with zero violations. Strong upside: private-pay residents can yield $3,000-$5,000/month per resident, depending on care level. The expansive parcel offers excellent development potential for additional AFC units or other healthcare-related assets. Ideal for investors seeking to enter or scale in the adult care sector. Owners retiring-creative financing available for qualified buyers.
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Property Features
- Amenities: Disabled Access
- Amenities: Basement
- Legal Description: PARCEL REMAINING RECORDED SURVEY LIB 1077 PAGE 903 ALL OF LOT 18 AND THAT PART OF LOT 17, STONEYCROFT ACRES ACCORDING TO THE PLAT THEREOF AS RECORDED IN LIBER 3 OF THE PLATS, PAGES 119-121, OTSEGO COUNTY RECORDS BEING PART OF THE NORTHWEST 1/4 OF SEC 25
- MLSID: 201836048
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