“You have salons in your Assisted Living Facilities??!” – a potential investor asked.
“Yep, we sure do,” I responded regarding an ALS facility we purchased last year in Wisconsin with investors. 👵 There are 125-beds over 5 different buildings & it is warm, welcoming, safe, clean (smells good too), & has wonderful amenities that make it an enjoyable place to live. 🙌
We are a year into this investment & it’s performing VERY well! We should hit 8% cash-on-cash return in the first year for our investors. 💵
Here’s the thing, aging isn’t always easy & some of the things we do nearly our WHOLE life become more difficult. 😢 As I dove into this asset class & saw the growing need along with the impact we could have, I got more excited!
The global elder care market is projected to reach $1.7 trillion by 2026, & savvy investors are taking note. 📓 Here’s why investing in assisted living could be a game-changer for your portfolio:
1. Demographic Trends
By 2030, all baby boomers will be over 65, creating a substantial need for senior housing options. As more families seek to provide care for their loved ones, assisted living facilities are becoming increasingly essential. ✅ This demographic shift presents a unique opportunity for investors to tap into a growing sector.
2. Stable Revenue Streams
Assisted living facilities offer stable, recurring revenue through monthly rent & services. 💰 Unlike traditional real estate, these facilities provide an essential service, often leading to higher occupancy rates & lower turnover. ⬆ ⬇ As residents age in place, facilities benefit from long-term residents, contributing to consistent cash flow.
3. Government Support
With rising healthcare costs and an aging population, government initiatives are increasingly focused on supporting elder care. ✍ This support can include funding for facilities & favorable regulatory environments, making it a more attractive investment landscape.
4. Impact Investing
Investing in assisted living goes beyond financial returns; it also allows you to make a meaningful difference in people’s lives (LOVE THIS)! 🙌 High-quality assisted living facilities enhance the quality of life for seniors, promoting dignity, independence, & community. 💪 Investors who prioritize social impact will find this sector aligns with their values.
5. Technological Innovations
The integration of technology in assisted living—such as tele-health services, smart home features, & health monitoring systems—improves resident care & operational efficiency. 💻 Investing in facilities that embrace these innovations not only attracts residents, but also ensures a competitive edge in a growing market.
We’re working on acquiring another property now! 🤩 Let’s connect & explore how we can make a difference together in this vital sector.