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Updated over 2 years ago, 05/10/2022
What do i do with this Old Nursing Home building i just bought!!!!
Hello,
I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assisted living facility, but it looks like it will cost too much without any guarantee that the operation will be successful. I'm now looking into alternative uses for the building.
I was wondering if anyone had any ideas. Keep in mind it looks just like a little hospital / old nursing home. Big doors, big hallways. Other things i have considered are developmentally disabled housing (don't know anything about), veteran housing (know very little), homeless children, special needs (don't know much)... I have the building, now i need to perhaps figure out a good business plan for one of the above or perhaps find someone who knows how to write government grants.... The area is low income and i'm sure there are programs.
Anyone have any ideas?