Traveling nurses and other professionals search this area often with the considerable amount of hospitals, medical facilities and corporations in the surrounding cities. 

A few days ago it was looking pretty decent, but then we had a guest cancel a 7 night stay in June due to a medical emergency.2024: June 26%, July 58%.2023: June 70%, July 51%We donated a 3 night weekend to Isaiah House for a fund raising raffle so I didn't include them in the June 2024 numbers.  

It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?

East English Village- Along Detroit's East side bordered by one of the more affluent townships which is Grosse pointe     University Detroit- Near the University of Detroit     Jefferson Chalmers- Along the Riverfront      New Center- Which is another midtown neighborhood which shares space with the Henry Ford Medical CampusMy group happens to be closing out projects in 4 of the 5 of these neighborhoods2.

I get the travel insurance though when we cruise and those are usually 20k plus trips I always get trip insurance and medical.. but like for this Montana 3 night next week its 600.00 bucks so if I dont go big deal.. 

It bears mention that exorbitant medical expenses happen all too often in this country.

I just closed a $2M condo on Indian Shores and luckily they did it all last year, but it did cost each unit $50-100k in special assessment.

I'm looking into purchasing either a SFR or 2-3 unit MFR in Tucson, AZ, near the University of Arizona and its major medical center.

You could not beat the Chinese, the Mexican and the Indian that first arrive here, and those countries has million people that could produce more with less money. 

I'm following this post because like David, I have great interest in starting a 5-6 room non-medical independent living facility.