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Christina Carey
Pro Member
  • Real Estate Broker
  • Dayton, OH
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245
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LARGE Retail-Conversion to Assisted/Independent Living - Not for the Faint-at-Heart

Christina Carey
Pro Member
  • Real Estate Broker
  • Dayton, OH
Posted Aug 2 2014, 12:13

So, I have this killer idea that struck me about a week ago. There's this large mostly vacant retail space, with a parking garage plus plentiful other parking, in a fantastic location. I've passed by it a million times, and it suddenly hit me that the highest & best use for this property is a combination of assisted and independent living units, combined with related retail, office, service, and food/entertainment businesses. Like a town within a town

I suspect that once I approach the owner that they'll be open to carry some, if not all, of the financing. Only issue I have is time - project management is up my alley for sure, but with the large scope of the project, a few heads are certainly better than one.

If you're experienced (and serious, of course) and a project like this makes you drool or excites you like a kid at Christmas - send me a colleague request!

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