216 W Cox Road
Frankfort, MI 49635
MLS #1835233

  • 7,800sq ft
Est. P&I payment: $3047.82/mo
Description for 216 W Cox Road, Frankfort, MI 49635
INCOME PRODUCING – TURN KEY OPERATION. Comes with all fixtures & business, as well as 6 months of training/advisory with current owner. 9 rooms/6 bathrooms plus living quarters in lower level for owner/manager (3 BR/1 BA). Frankfort Senior Care is a well-established adult foster care that is nearly always full to capacity (licensed for 12 residents). It offers self-contained apartments, as well as private and semi-private rooms. Income is approximately 15-20K/month. There have been many updates/upgrades over the years and is inspected bi-annually by the Michigan DHS. In addition, there’s an attached garage and a newer pole barn for storage and owner’s “toys.” Excellent location for residents as well as owners – close to Paul Oliver Hospital (a division of Munson), medical clinics, Lake Michigan, Sleeping Bear Dunes, golf, downtown Frankfort, and more. Live where you work and enjoy all Northern Michigan has to offer as well!!
MLS #1835233
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My Notes for MLS #1835233

General Features

  • Property Type: Income
  • Total Finished SqFt: 7,800
  • Number of Acres: 2.3
  • Lot Dimensions: 200 x 500
  • Approx Year Built: 1982
  • Zoning: Residential,​Agricultural

Exterior Features

  • Vacant Land: No
  • Roof: Asphalt
  • Exterior Features: Vinyl
  • Parking: Paved

Interior Features

  • Number of Restrooms: 7

Utilities Features

  • Heating/Cooling Source: Natural Gas,​Wood
  • Heating/Cooling Type: Forced Air,​External Wood Burner
  • Water: Private Well
  • Sewer: Private Septic
  • Energy Efficient: Energy Star Appliances,​Energy Efficient Windows,​Energy Star Rating

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 102.31
  • Sale or Lease: For Sale
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Terms: Conventional Mortgage,​Cash
  • Included in Lease: None

Community Features

  • Development Name: n/a

Misc Features

  • Deeded Waterfront: No
  • Business Name: Frankfort Senior Care
  • Year Updated: 2016
  • Year Remodeled: 2003
  • ECO Features: No
  • Business Included: Yes
  • Real Estate Included: Yes
  • Inventory Included: Yes
  • Present Use: Adult Foster Care
  • Foundation: Walkout,​Finished Rooms,​Entrance Outside,​Entrance Inside
  • Possession: Negotiable
  • Construction: Frame


Street View Not Available
Directions to 216 W Cox Road, Frankfort, MI 49635
M-22 to west on W. Cox Rd.
Listing information for 216 W Cox Road, Frankfort, MI 49635 was graciously provided by our friends at the listing brokerage, REAL ESTATE ONE-BEULAH 57 N Michigan Ave, Beulah, MI 49617

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P&I Payment $3047.82
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Last Updated 04/26/2018 at 12:43am
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