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3523 Glenmore Ave
For Sale $7,800,000
$7,800,000
- 1 Units
- Unknown Sq Ft
- 8,232 Sq Ft
- Unknown Cap Rate
Description
This offering presents a unique opportunity to acquire seven assisted-living facilities along with the ongoing, fully furnished business operation. Built from the ground up by the current owners 15 years ago, the homes are being sold together as a complete package. Collectively, the facilities are licensed for 78 residents, with a current census of 56, reflecting 72% occupancy. Each community is certified with zero deficiencies and supported by a caring, attentive staff, providing meals and assistance with daily living activities in comfortable, park-like residential settings.
Current occupancy by facility is as follows:
411 Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden I) – licensed for 8, currently 5 residents
409 S Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden II) – licensed for 8, currently 4 residents
5426 Clover Road, Baltimore, MD 21215 (Pleasant Garden Clover) – licensed for 15, currently 12 residents
3603 Glenmore Avenue, Baltimore, MD 21206 (Pleasant Garden Glenmore) – licensed for 8, currently 6 residents
3711 Pinewood Avenue, Baltimore, MD 21206 (Pleasant Garden Pinewood) – licensed for 8, currently 8 residents (100% occupancy)
3523 Glenmore Avenue, Baltimore, MD 21206 (Afternoon Tea) – licensed for 16, currently 12 residents
6511 Rosemont Avenue, Baltimore, MD 21206 (Phoenix Rising) – licensed for 15, currently 9 residents
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $7,800,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2014 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 0327035668C011 |
| MLS # | MDBA2182090 |
| Property ID | 322138375 |
| Lot Sqft | 8,232 |
| Zoning | R-4 |
| Total Units | 1 |
| Days on Market | 296 |
| Original List Price | Unknown |
| Date Updated | June 01, 2026 |
| Date Created | September 02, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Robert J Lucido an agent of Keller Williams Lucido Agency. Lic #4037
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Data last updated: June 25, 2026.
Robert Crawford
REAL ESTATE AGENT