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1818 River Ridge Drive

Traverse City, MI 49696
  • $1,300,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 21114071
UPDATED: 24 min ago
$1,300,000
  • 0
    BEDS
  • 2.81
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,015
    SQFT
  • $645
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1960
County:

School Ratings & Info

School District:

Description

This is a very successful assisted living/Adult Foster Care facility. It has 11 rooms, but is approved for 21 units; to date have generally kept it to 11 residents. Vacancies quickly filled at very good rents. Very attractive rural setting on high ground, yet 5-10 minutes drive to Traverse City's shopping, malls, hospital, etc.Sellers will assist a new owner with training

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© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-11-29T22:59:50.123.
www.bluewestprop.com/homes/123086781
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1818 River Ridge Drive Traverse City, MI 49696

  • Price: $1,300,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 24 min ago
  • MLS #: 21114071
0
Beds
3
Baths
0
½ Baths
2.81
Acres
2,015
SQFT
$645
$/SQFT
1960
Built
Neighborhood:
Blair Twp
County:
Grand Traverse
Area:
Blair Township
School District:
Traverse City
Property Description
This is a very successful assisted living/Adult Foster Care facility. It has 11 rooms, but is approved for 21 units; to date have generally kept it to 11 residents. Vacancies quickly filled at very good rents. Very attractive rural setting on high ground, yet 5-10 minutes drive to Traverse City's shopping, malls, hospital, etc.Sellers will assist a new owner with training
Exterior Features

Construction Type Frame/Wood Driveway AsphaltEasement Exterior Material Wood Siding Finished Building Levels 2015.00 Lot Dimensions M & B Number Of Buildings 1.00 Road Frontage 212.89 Roofing CompositionMetal Street Type EasementPaved Total Parking Spaces 10 Waterfront No

Interior Features

Air Conditioning Central Air Below Grade None Heat Source GeothermalPropane Heat Type Forced AirHeat Pump Interior Features Outdoor Storage

Property Features

Annual Property Tax 4700.00 Association Greater Kalamazoo Association Of Realtors Auction Or For Sale For Sale Business Includes EquipmentFurnitureLicensesReal Estate Commercial Type Business Opportunity Current Use Assisted Living Homestead Percentage 0.00 Mineral Rights No New Construction No Possession Close Of Escrow Sale Conditions None Sewer Septic System Tax Year 2021 Terms Available Cash Uses Other Util Avl At Street CableElectricTelephone Utilities Attached CableElectricPropaneTelephone Water Well Zoning Rn

Listing provided courtesy of Charles Cherney of Cherney Realty Advisors. © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-11-29T22:59:50.123.
 
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BlueWest Properties
41 Washington Ave., Suite 140
Grand Haven MI, 49417