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3965 Newt Drive
3965 Newt Dr Gaylord, MI 49735
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Overview
Fully operational and state-licensed 6-bed, 2-bath adult foster care (AFC) home on 7.7 acres in Otsego County. This 2,824 sq ft facility has a pristine 27-year compliance history with zero violations. Strong upside: private-pay residents can yield $3,000-$5,000/month per resident, depending on care level. The expansive parcel offers excellent development potential for additional AFC units or other healthcare-related assets. Ideal for investors seeking to enter or scale in the adult care sector. Owners retiring—creative financing available for qualified buyers.
For Sale
Other
Secondary Uses: Hospital
- Sale Price
- $550,000
- Price Per SF
- $194.8/SF
- Building Size
- 2,824 SF
- Acres
- 7.7 ac
- Zoning
- R-3
- Sale Terms
- Cash, Owner-Financing, Conventional
- Signage
- Monument
- Showing Instructions
- Contact Broker
- Building Class
- C
- Number of Buildings
- 1
- Floors
- 1
- Property Status
- Existing
- Topography
- Level
- Power Provider
- Private - Great Lakes Energy
- Fiber Optic Provider
- Private - Great Lakes Energy
- County
- Otsego
- Available
- 2025-08-01
- Created
- 2025-07-23
- Updated
- 2025-07-23
- Listing ID
- a765b654
- Parcel APN
- 061-230-000-017-03