Waterfront Retirement Living
Come Discover the Only Senior Living Community Located on the Chesapeake Bay
Tours Available Anytime
James Harrington, Director of Business Development for BayWoods stated that this is the first time any CCRC retirement community has ever done this in the state of Maryland. This is huge, no fees for 147 residents ranging in monthly fees of 3,000 to 8,700 per apartment. 2016 was an amazing year for us. BayWoods produced record breaking sales exceeding 9.5 million while selling 30 Independent Living Apartment homes. I was so excited to be a part of this tremendous year of change and growth. We have over 190 residents residing here at BayWoods and this is a unique offer in the market being only one of two Senior Living Co-ops in the state of Maryland out of 35 total licensed CCRCs. BayWoods is a resident owned Cooperative Retirement Living Community.
One of the unique factors about BayWoods is the ownership structure, this appeals to the baby boomers who want to be involved with ownership and management. The tax advantages that go along with an equity community is also very appealing. BayWoods is uniquely positioned to serve the residents of their community giving them equity ownership.
We sit directly on 14 acres of the Chesapeake Bay and our residents and their families love to stroll on the waterfront boardwalk and pier watching all of the boat activity out front. Harrington states that our offer is a unique opportunity for seniors to retire in a waterfront resort like setting while reaping the financial advantages of an equity ownership structure. How many people would like to say that they were able to have a fee holiday or no monthly fees in 2016? I don’t know of anyone. Please visit the rest of our website for more info!
7101 Bay Front Drive – Annapolis, MD 21403