Property Pro Group - Adult Family Home Investment
What is an Adult Family Home?When looking for the right care option for themselves or a loved one, thousands of people across Washington State have chosen adult family homes. Adult Family Homes are an option providing a community-based residential setting with 24 hour care and services.
There are nearly 2,800 adult family homes across the state. Each home is independently licensed and operated. An adult family home can serve between 2 and 6 residents. All adult family homes provide some essential services including assistance with activities of daily living, meals, laundry and more. Some adult family homes are operated by nurses or other appropriate licensed staff to support a resident’s needs.
Adult Family homes are now becoming a very lucrative business for people who wishes to start a business. Residents feel more comfortable and well looked after in Adult Family Home setting compared to a Senior Homes or Living Facilities.
lf you are looking to start an Adult Family Home, then you have come to the right place. We specialize in buying and leasing Adult Family Homes in King and Pierce County. Our homes are leased to people who wish to start an Adult Family Home but do not have the capital to purchase a home. That is where Property Pro Group joins as your investor. We buy a house and upgrade it to meet Adult Family Home requirements with our standard management for leasing it on a long-term basis. Our lease terms are 3 years, 5 years and 10 years.
We have 2 options for an Adult Family Home operator to choose from:
We will work with the Operator to Update a house on a 50/50 cost basis. This means we will split the cost for Labor and Materials 50/50. In this option the rent will be as follows:
King County – 5 to 6 Bedroom house with a minimum square foot from 1800. Lease term is between 4 to 6 years. During this time the operator will work with the City and State to get the proper Licenses. Please call us to get more details
Pierce County – 5 to 6 Bedroom house with a minimum square foot from 1800. Lease term is between 4 to 6 years. During this time the operator will work with the City and State to get the proper Licenses. Please call us to get more details