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Updated almost 6 years ago,
Leasing to Assisted Living Facilities
I am interested in purchasing properties with the intention of leasing to assisted living facilities in my area. Anyone here have any experience in this?
The plan is to purchase a single family home, install ramps, grab bars etc. and contact local ALFs in the area who may be interested in leasing the properties. I suspect the challenge will be getting in contact with the right facility interested in leasing.
Thoughts?
Ryan