Assisted Living Valuation

[Michael Burke]

Hi - I'm evaluating a 200+ unit senior living facility that has an assisted living component covering 25% of the units. On standard market rate properties I typically figure that you need 1 full-time manager, and 1 maintenance person for every 100 units. Could anyone tell me how much staffing they typically figure for assisted living properties? This is the first assisted living facility I have evaluated, and I'm trying to get a better sense of the standard operating expenses for this type of property. Also if anyone is familiar with any resources online that I should look into, please let me know.

Thanks!

Michael