SFH into an Assisted Living Facility

[Jason Yarusi]

Looking at a large two story 6,000 square foot home. Kitchen on each floor and 7 bedrooms and 5 bathrooms. House is huge but its proximity to a major road diminishes its value and it is in a flood zone, which I am equipped to handle. This is in a nice area and a large church is across the road. Seems as if this can be an ideal candidate for an ALF conversion. I have done some preliminary research with the county and township here in NJ but would have no business operating this myself.

Any advice on sourcing operators who may be interested in such housing? I understand the build out requirements - elevator and such- and have factored this into the equation. I would be curious to the timeline for others of under contract to licensing requirements met to doors open ?