MI > Oakland > Farmington Hills > 22208 Wingate
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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.

Property Information

Status
Sold 
Address
22208 Wingate 
City
Farmington Hills 
Zip
48335 
Year Built
1977 
Subdivision
Green Hill Commons 
Business Type
Medical 
Listing Date
06/23/2023 
Architecture
1 Story 
County
Oakland 
Above Grade SqFt
2,037 
Possession
Negotiable 
Price/SqFt
343.64 

School Information

School District
Farmington 

Taxes

Summer Taxes
$6,717 
Winter Taxes
$2,161 

Features

Current Use
Licensed Memory Care Residential Facility 
Zoning
Residential 
Water
Public (Municipal) 
Sub Property Type
Commercial 
Licenses
Other 
Heating
Forced Air, Natural Gas 

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  • Property History
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Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230050786 Sold Pending Oct 21 2023 3:37PM $630,958 61
20230050786 Pending Active Aug 23 2023 4:05PM 61
20230050786 Active Jun 23 2023 2:36PM $700,000 61
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Findlay Investments, Llc
(248) 750-7150
Office Address 21N Main Street

22208 Wingate Farmington Hills
Contact us
$700,000
Sold • Acres: 0.27 • Zoning: Residential