Real Estate Articles

Top 10 Important Criteria in a property to use for Residential Assisted Living | By: Gene Guarino

Do you know what to look for when selecting a property?  Here are the Top 10 Important Criteria in a property to use for Residential Assisted Living

  1. Location is Critical. Higher population of upper / middle income people
  2. One Story Home is best. Not a deal breaker but bettet
  3. 3000 Square Feet of Living space. Bigger is better.  300+ sf per resident.
  4. 3 or more bathrooms. 2 is the minimum.  More is better
  5. No HOA is better. Not a deal breaker but it does make it easier
  6. Easy to locate. Accessible to highways and not “complicated” to find
  7. Open floor plan in the home.
  8. Wide halls. 36” minimum.  The wider the better.
  9. Off street parking for 4 cars or more.
  10. Not on a well.  City water supply MAY be required.

Join me at the January 10th MAREI meeting to learn more. 

 

If you would like to learn more about the opportunities in Residential Assisted Living, contact us directly.  We provide training for you so that you know exactly what to do and what not to do before you get started.

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