Investment Overview

Marcus & Millichap is pleased to present the compelling senior housing investment opportunity located at 41 E Bel Air Avenue in Aberdeen, Maryland. The property offers a rare combination of operational stability, predictable revenue streams, and significant future upside, making it an attractive acquisition for investors seeking dependable long-term performance in the healthcare real estate sector. Approximately 80 percent of the facility’s revenue is generated through private pay residents, insulating the asset from government reimbursement fluctuations while providing stable and reliable cash flow. The facility has benefited from substantial recent capital improvements that minimize near-term maintenance obligations and enhance the overall quality of the asset. A new elevator was installed in 2022, followed by a complete roof replacement in 2023, demonstrating ownership’s commitment to maintaining the property and preserving long-term value. This offering is further distinguished by its strong operational history and meaningful expansion potential. Investors have the opportunity to significantly increase revenue by adding eight additional beds to the property utilizing previously approved plans and permits. With an estimated expansion cost of approximately $400,000, the additional capacity could potentially double the facility’s income, creating a highly attractive value-add opportunity with both immediate stability and long-term growth potential.