The Young Home for the Elderly

Multi-Family for Sale
Catylist Listing ID: 30629080
Property Subtypes: Senior Living
Number of Units: See Agent
Building Size (RSF): 8,750 SF
Sale Price: See Agent
Property Use Type: Investment
Building Name: The Young Home for the Elderly
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

This assisted living facility, The Young Home for the Elderly, has 18 units and is
licensed for 20 beds. The license is State of Michigan, Adult Foster Care (AFC). Residential suite for resident manager on 2nd floor.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $16,246 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 12-13-31-226-034
Zoning: R-3
Property Located Between: Ryan Road
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1940
Roof Type: Other
Construction/Siding: Other
Total Parking Spaces: 12
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,232 166,441 469,747
Median Age: 36.12 36.71 36.77
Households: 6,973 65,769 184,979
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