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Updated almost 10 years ago on . Most recent reply

Account Closed
  • Investor
  • New Port Richey, FL
2
Votes |
18
Posts

Independent senior living

Account Closed
  • Investor
  • New Port Richey, FL
Posted

I have a 14 bed former alf building. Last operators lost their license and it can't be reopened due to zoning as its in a residental area. So I was thinking independent senior living. There all private rooms with a closet. There is 4 bathrooms, common kitchen living and dining room and laundry room. I guess we would just rent out the rooms there would be no employees there. I would remodel the place and add furnished rooms and common areas. I was thinking we could rent to low income seniors through hud. What do you think of this? Would it work out or does any one have experience?

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