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'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.

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

My target is medical/business professionals.  

Definitely looking for more turn key because the nature of the money is due to medical reasons.