Located on a quiet cul-de-sac just steps from Longmont’s beautiful McIntosh Lake, 1746 Cove Court presents a turn-key memory care residence with strong cash flow and expansion upside. The property is currently licensed for 8 residents at an average private-pay rate of $5,600 per bed, generating an estimated net operating income of over $100,000 annually for an owner-operator without rent expense. The owner has already submitted plans to FGI to expand the capacity to 12 residents, providing meaningful revenue growth potential. The single-level, 3,048 sq. ft. floor plan offers large private bedrooms, an open living and dining area, and a peaceful covered patio. Surrounded by walking paths and lake views, this location blends comfort and serenity with easy access to parks, shopping, and healthcare services—an ideal boutique senior living investment in one of Longmont’s most desirable neighborhoods.
Accessibility Features: Accessible Approach With Ramp
Location
Subdivision Name: Longmont Estates Lakeshore
Parking
Parking
Parking Features: Concrete
Parking Total: 2
Schools
Elementary School
Elementary School: Hygiene
Elementary School District: St. Vrain Valley RE-1J
High School
High School: Longmont
High School District: St. Vrain Valley RE-1J
Middle or Junior School
Middle Or Junior School: Westview
Middle Or Junior School District: St. Vrain Valley RE-1J
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air
Sewer: Public Sewer
Water Source: Public
The content relating to real estate for sale in this Web site comes in part from the Internet Data
eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers
other than Prevu are marked with the IDX Logo. This information is being provided for the consumers'
personal, non-commercial use and may not be used for any other purpose. All information subject to
change and should be independently verified.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.