Rock Creek Assisted Living - Aurora, CO

[Tyler Rayman]

Investment Info:

Other commercial investment investment.

Purchase price: $2,100,000
Cash invested: $450,000

Rock Creek Assisted Living is a business that we bought in conjunction with the two converted single-family homes that it operates out of. In total, we have 20 private beds (rooms) that we offer to both Medicaid-funded, as well as private pay, individuals. The specific niche that we cater to are adult males, 40-65 yrs old, that suffer from varying degrees of cognitive impairment. We have found that this is an under-served demographic, and one that results in very little resident/caregiver turnover.

What made you interested in investing in this type of deal?

The unique ability to offer higher returns to our investors, in addition to helping provide a safe, secure home and care to those that need it most.

How did you find this deal and how did you negotiate it?

Broker relations

How did you finance this deal?

Syndication

How did you add value to the deal?

We brought on a better-equipped management/administrative team that has allowed us to cut expenses, while simultaneously providing more support for staff.