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Updated 7 months ago, 05/23/2024
Senior Living Single Story
Hi, I am a Real Estate student looking into investing in a new build single story duplex, triplex, or quad that would be marketed towards the elderly. There seems to be a discrepancy in the market with the amount of available single story housing options for those who might have a hard time geting around. Especially with the rising age of the baby boomers, I can see a growing need for accessible housing for the elderly wanting to downsize or diminish the effort of maintaining a single family home. Is anyone familiar with this type of rental property or have any insight of the senior housing market? Is this a financially feasible idea as a new build?