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Forums » Make Deals, Find Partners, Mentors & BirdDogs, etc. » assisted living facilities

assisted living facilities Subscribe to assisted living facilities

5 posts by 3 users

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Jim Williams


Forum_avatar_avatar-5jimbo5

Apr 02 '08, 05:51 PM

i have land in Jacksonville, Fl that i was thinking of building an assisted living facility. i'm wondering if there is anyone here who has done these? might be interested in a joint venture?

jim

Edited: 06/26/2010 at 04:58AM


Mz Daizy

Real Estate Investor · Hawthorne, CA


Forum_avatar_avatar-cnote

May 08 '08, 09:58 AM

Great idea. Would like to know more also

Edited: 06/26/2010 at 05:10AM


Jim Williams


Forum_avatar_avatar-5jimbo5

May 08 '08, 05:40 PM

it is just under 3 acs on a creek with several large oak trees. mostly cleared and reday ro go with utilities and sewer all available.

currently zoned for 51 apts, but i think (though i haven't confirmed with city yet) you could get more beds if you use common areas, etc, instead of full apts.

someone with experience in building and running assisted living facilities would know better.

any further question i can be reached by phone at 619-807-3179, or e-mail at jimnsusan1129@msn.com.

jim williams

Edited: 06/26/2010 at 05:10AM


Frank Adams

· Loveland, CO


Forum_avatar_avatar-all_cash

May 08 '08, 06:33 PM

That's definitely a growth market, what with the aging baby boomers. I do know that Carlyle Group (corp motto; " War, what is it good for? Our profits" .) is big int this, in fact it's a pretty major player.

Based on what we saw when looking for a place for my MIL I'd say 51 units might not be big enough to get great profits. Most of them had an assisted living wing, and a hospital wing.

Good luck though.

all cash

Edited: 06/26/2010 at 05:10AM


Jim Williams


Forum_avatar_avatar-5jimbo5

May 08 '08, 06:53 PM

that is why i think, since it is zoned for 51 seperate units, we can get upwards to around 200 beds, but not positive.

Edited: 06/26/2010 at 05:10AM




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