115 Cotton Ave SW

BUSINESS FOR SALE! Property is being sold with the licensing. Group home and long-term transitory residents. Price includes the 2 buildings as well as tenant agreements and the Group Home Boarding License (Boarding and Rooming). The current owner would transition from manager some time after closing. The tax ID's are combined for both buildings but can be separated, if needed. POSSIBLE: Owner may hold mortgages till 2026: 1 bldg at 3.1% balloon due May 2026 and 2nd at 3.8% balloon due Sept 2026. Listing agent will be present for all showings and must be scheduled with advanced notice. to NDA required prior to release of financials and specifics. Please provide client name to Amy at 651-319-1745, teammbgroup@gmail.com for NDA to be sent to you for client signature.
A licensed group home & boarding facility catering to both long-term & transitory residents. Offering single & shared rooms all-inclusive. The property comprises two 4-plex buildings. Both buildings have undergone updates, including new electrical & plumbing systems installed in 2011 for certification. Each unit is fully furnished w/a spacious living room & open dining area connected to a kitchenette. The layout includes 2 bedrooms & 1 full bath. Residents have access to communal dining facilities where 3 meals are provided daily where staff uses a well-equipped kitchen w/a commercial sink for food services. The facility prioritizes residents' comfort offering a secure environment. Lush landscaping surrounds the property, including a grill & social pergola for gathering and chatting. Gated community w/security cameras. Facility features both front & rear entrances to the buildings & a large parking lot ensures easy access for residents & visitors alike. NDA required for more info.