Farmington Hills, MI 48335 4239,22208 WINGATE
Farmington Hills, MI 48335 4239,22208 WINGATE
Farmington Hills, MI 48335 4239,22208 WINGATE
25
$630,958
$700,000
9.9%
Est.Price: ?

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2,037 SqFt

22208 WINGATE Farmington Hills, MI 48335 4239

Est. payment /mo
SOLD DATE : 10/13/2023

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Key Details

Sold Price $630,958

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,037 sqft

Price per Sqft $309

Subdivision Mi

MLS Listing ID 60231517

Sold Date 10/13/23

Annual Tax Amount $8,878

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 87.00 x 133.00

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 Farmington Hills (63231)

Zoning Residential

Interior

Heating Forced Air

Exterior

Waterfront No

Roof Type Asphalt

Building

Foundation Basement

Water Public Water

Structure Type Brick

Others

Ownership Private

Assessment Amount $64

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Findlay Investments, LLC
Bought with Findlay Investments, LLC

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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