What does it take to operate a group home? What type of property might work best for this?
A group home is a private residence
for children or young people who cannot live with their families, or
people with chronic disabilities who may be adults or seniors. Typically
there are no more than six residents and there is at least one trained
caregiver there 24 hours a day.
It helps to have a large house with multiple bedrooms. The operator of the group home might live in one or more of the rooms, reserving the others for tenant clients. More bedrooms generally mean more cash flow.
With many bedrooms, it is also important to have many bathrooms - and to have as many as possible meet the accessibility requirement that many clients need.
A big plus in a multistory space is an elevator. Most group home clients have mobility issues, and having an elevator to get to all levels of the house, including the parking spaces, is highly desirable.
A big yard with lots of sunshine, some quiet and privacy, and maybe a big deck for outdoor relaxation and entertainment is also a big plus in creating a nurturing environment for clients who are often home-bound. Easy access to wilderness and walking trails, shopping and other urban amenities makes it easier for clients to get out and enjoy as much independent living as possible.
And being close to urban amenities, such as public transportation, hospitals, employment, family or cultural activity are also big positives.
Where would one find a house like this? Well, how about this one:
-five bedrooms, 2.75 baths, 3230sf with 3-car attached garage. Exclusive
neighborhood of fine homes, next to trails, shopping, Trilogy &
Redmond Ridge Golf Club. Large lot, sunny south-facing light-filled open
floor-plan with 9-ft ceilings on main level. Wheelchair accessible with
elevator for garage & both floors, approximately $60K of
Hill Rd; L on Trilogy R on 232nd Ave NE, R on 138th Wy NE, L on 234th
Ct. House on right.
Listed for $910,000. NWMLS #909275.
Contact HomeLandInvestment@gmail.com for more information.