The median age in Englewood is 67, compared to the national average of 38. Being a retirement community, medical expenditures spending is much higher than the national average. Population growth is expected within the five-mile radius of the property. An apartment complex is being planned down the street as well as 800 new homes for the next couple of years.
The property has more than 300 square feet of frontage along Englewood Road and 180 feet of frontage on Keyway Road. The property consists of two parcels. The first parcel encompasses the units as well as parking for units 1-4. Unit 5 is a separate, attached, one-story building with an adjacent parking lot (parcel 2) and good visibility from Englewood Road. LOT NEXT DOOR IS FOR SALE as well.
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