Assisted living investing means owning properties that provide housing combined with personal-care services for seniors who need help with daily activities but do not require full nursing care.
Log in to followI've been looking at hold-and-wait plays and this came in from an agent who knows I'm patient: a 1,900 sf brick ranch, four bedrooms, priced about $60k under the comps, described…
Working through the management agreement on a 44-unit AL, $9.8M ask, 88 census, blended rate around $4,850, T12 revenue $2.24M and EBITDAR just under $780k after a 5 percent base…
Building a list and this one keeps coming back to me. 32 licensed AL units, single story, 2004 build, asking $4.6M, so $144k a door. T-12 revenue $1.9M against T-12 expenses of $1…
I'm reading the paperwork on a licensed 6-bed home before I get too far in. The residents sign a "residency agreement," 30 days termination either side, and there's a separate rat…
I'm pricing a conversion rather than buying a running home. 2,400 sf ranch, and I've got two sprinkler retrofit bids at $18k and $31k for the same scope, which already tells me I…
I own small multifamily and every unit I've added has taught me something, so I'm trying to read a 6-bed RAL the same way and it won't sit still. House is $520k in a decent suburb…
Looking at a 24-unit assisted living community on a triple net master lease to a regional operator, 11 years left, 2.5 percent bumps. Rent is $1.32M a year and the operator's repo…