Sober living rentals?

Question

How do I rent properties to Sober Living?

Alexander Szikla · Answer

Bumping. Curious myself.

Hunter Foote · Answer

Hey Mina, great question, and honestly, there isn’t a ton of clear guidance out there on how to lease to sober living operators.

We work with a national network of recovery home operators who are actively looking to lease properties --- especially in areas near treatment centers or public transportation. We also help investors develop or reposition properties specifically for use as recovery housing and structure long-term net lease agreements with qualified operators.

If you’ve got a property or are thinking about acquiring one, happy to connect you with a potential operator or walk you through what a lease structure could look like.

Lauren Cutchen · Answer

I am also interested in this. As I spoke to an expert who invests all over the US in sober living, he told me the best way was to find treatment centers nearby the area you want to invest. See if there are outpatient services and if they need a property to use. From there, it was suggested to ask what they would rent the property for so you already know upfront before an offer is made on the property.

A master lease to the organization structured with an annual escalation clause and a term limit - like up to 5 years - was a recommended way to get a contract.

Look into Rooted - they are sent properties all the time. You can get on their list for buyers and see one pre-analyzed for you.

Sober living rentals?

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