1746 Cove Court

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.