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Executive Summary

Stanford Lodge of Sunfield is more than just an adult foster care facility—it also includes three leasable apartments as part of the sale, providing additional revenue opportunities. These units offer flexibility for potential buyers, whether as independent rentals, staff housing, or extended care accommodations. With built-in leasing potential, the property presents an attractive investment in both senior care and real estate income.
?Stanford Lodge of Sunfield's low occupancy rate of 55% presents a significant value-add opportunity for potential investors. By increasing occupancy, new ownership can unlock additional revenue streams and improve overall profitability. This underutilization offers room for operational growth, making it an attractive investment opportunity. With strategic management, filling vacant units could significantly boost revenue and overall operational efficiency.
?Having both private and publicly funded tenants at Stanford Lodge of Sunfield ensures financial stability and a diversified revenue stream. Private-pay residents often bring higher rates, while publicly funded tenants provide consistent occupancy through government programs. This balanced mix can help mitigate financial risks, enhance cash flow, and ensure long-term sustainability for the facility.

Property Facts

Price $1,000,000
Price Per Bed $50,000
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
Building Class C
Lot Size 4.00 AC
Building Size 20,750 SF
No. Beds 20
No. Stories 2
Year Built 1985
Parking Ratio 0.77/1,000 SF

Amenities

  • Smoke Detector
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
011-011-100-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$272,000
  • Listing ID: 41534494

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: 241 W Grand Ledge Hwy, Sunfield, MI 48890

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