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Updated over 2 years ago on . Most recent reply

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3
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Suhas T.
  • Investor
  • Massachusetts
1
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3
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SRT Near Community Hospital?

Suhas T.
  • Investor
  • Massachusetts
Posted

Any thoughts on buying SRT close to a community hospital? Would be good to hear from someone who has experience with such STRs.

  • Suhas T.
  • Most Popular Reply

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    Michael Baum
    #2 Short-Term & Vacation Rental Discussions Contributor
    • Olympia, WA
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    Michael Baum
    #2 Short-Term & Vacation Rental Discussions Contributor
    • Olympia, WA
    Replied

    Wait a second @Suhas T.. What kind of hospital are we talking. A basic community hospital or a place that has specialty care like cancer, children's or level one trauma?

    I don't see STR's working for basic community hospitals as well as with hospitals that have a specialty focus.

    For example, in Seattle, a place called Pill Hill would be a decent area for patient/family stays. You have Harborview Medical (level 1 trauma), Swedish/Fred Hutch cancer, Virginia Mason (cardiac) and the Poly Clinic is close as well.

    I am not saying you can't do well but make sure before you jump in.

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