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Updated over 8 years ago,

User Stats

29
Posts
5
Votes
Ryan Young
Pro Member
  • Real Estate Agent
  • Dallas, TX
5
Votes |
29
Posts

Assisted Living Facility Rental Opportunity in McKinney, TX!!!

Ryan Young
Pro Member
  • Real Estate Agent
  • Dallas, TX
Posted
The house is a '99 build and is already set up for an Assisted Living Facility. Texas Department Of Aging And Disability Services Assisted Living Facility License (expires in 2018) is built into the purchase price. The RN to this point has expressed interest in staying on board. She is currently receiving $13/hour and is working 20 hours/week (part time). House can support 5 tenants paying $115/day each ($17,250/month) and up to 7 tenants (3 paying $115/day 4 paying $70/day totaling $18,750/month). The interior has been renovated with an interior designer's touch. Roughly 10,000 Baby Boomers will turn 65 today, and about 10,000 more will cross that threshold every day for the next 19 years!!!
  • Already licensed
  • Already rehabbed/modified
  • Ready for senior care tenants
  • Ryan Young
  • Offering