About 3965 Newt Drive
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.
Features of 3965 Newt Drive
| MLS® # | 201836048 |
|---|---|
| Price | $550,000 |
| Square Footage | 2,824 |
| Acres | 7.70 |
| Type | Commercial |
| Sub-Type | Commercial/Vacant |
| Status | Active |
Community Information
| Address | 3965 Newt Drive |
|---|---|
| Subdivision | T31N R4W |
| City | Gaylord |
| County | Otsego |
| State | MI |
| Zip Code | 49735 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | Yes |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | 7.7 ac |
|---|
Additional Information
| Date Listed | July 23rd, 2025 |
|---|---|
| Zoning | R-3 |
Listing Details
| Agent | Brian Wallace |
|---|---|
| Office | The TEAM Real Estate Group |