Farmington Hills, MI 48335,22208 WINGATE
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Farmington Hills, MI 48335,22208 WINGATE
Farmington Hills, MI 48335,22208 WINGATE
Farmington Hills, MI 48335,22208 WINGATE
Farmington Hills, MI 48335,22208 WINGATE

$700,000

Est. payment /mo
Est.Price: ?

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22208 WINGATE Farmington Hills, MI 48335

2,037 SqFt

SOLD DATE : 10/13/2023

Key Details

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,037 sqft

Price per Sqft $309

Subdivision Farmington Hills

MLS Listing ID 20230050786

Year Built 1977

Annual Tax Amount $8,878

Lot Size 0.270 Acres

Property Description

The asking price of $1,600,000 is for two locations 1) Northville, MI ($900k business and real estate Essence Memory Care I, MLS #20230050738) and 2) Farmington Hills, MI ($700k business and real estate Essence Memory Care II, MLS #20230050786).

This existing in-home healthcare business offers two fully remodeled and licensed turnkey and profitable locations in a residential setting. Each location is licensed separately and offers 6 beds per location. Fully occupied with annual contract renewals and a waiting list of future residents. Photos of both locations are included.

This business, its owner, and care team have a great reputation and take great pride in offering one on one companionship to their residents in addition to providing the medical care that they require. Both are cash flow positive in an industry that will only continue to grow as the demand for more personal and quality in home care continues.

The real estate and businesses are owned and managed by the same partners. Cassand Realty owns the real property, Essence Memory Care I is the owning entity of the Northville location and Essence Memory Care II is the owning entity of the Farmington Hills location. Financials are organized by entity.

A signed NDA is included in the documents, please sign and email to Whitney to obtain financial and additional sale details for the properties.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Residential

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Block

Sewer Public

Water Public

Structure Type Brick

Schools

School District Farmington

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Listed by Findlay Investments, LLC
Sandi Smith

Sandi Smith

Broker | License ID: 6502130228

+1(734) 216-6414

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