We are pleased to present the opportunity to acquire Established Assisted Living in MD, a 3,629 square foot retail center located in the affluent and rapidly growing community of Montgomery Village , MD. The Property is built out to accommodate and service 8 tenants with a huge value add component for raising revenue. Close access to quick service restaurants, personal care, and shopping. This 30 yr+ established Assisted Living is a great acquisition for an established operation or new to the business operator. 65+ age group was the fastest growing between 2010 and 2021 with its population increasing 45.9% Montgomery Village Median household income 2021 $84,362
The median home value in Montgomery Village, MD is $407,500. This is lower than the county median home value of $556,100. The national median home value is $338,100. The average price of homes sold in Montgomery Village, MD is $407,500. Approximately 62.64% of Montgomery Village homes are owned, compared to 32.69% rented, while 4.67% are vacant. Montgomery Village real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montgomery Village real estate agent to arrange a tour today!
Montgomery Village, Maryland has a population of 34,489. Montgomery Village is less family-centric than the surrounding county with 36.5% of the households containing married families with children. The county average for households married with children is 37.16%.
The median household income in Montgomery Village, Maryland is $84,362. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Montgomery Village is 36.8 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 42.5 inches per year, with 24.5 inches of snow per year.