Opening an Assisted Living Home

1485 Words3 Pages

As the population of elderly persons in this country is ever increasing, so too is the

need for housing to accommodate this portion of the population. This is one reason why if I acquired $150,000 cash to be used specifically for a distressed real estate purchase, I would open up an Assisted Living Home. In the state of Arizona an Assisted Living Home is defined as: “a facility that provides resident rooms to ten or fewer residents.”

Upon receiving $150,000 cash, I will strategically go about purchasing a single family home in an up-scale neighborhood, preferably with five bedrooms. Following the closing of the sale transaction, I will proceed with obtaining the proper city zoning and state licensing permits to open and accommodate this type of facility.

Senior care residences are commonly opened and run out of single family residential homes located in average neighborhoods. The properties must first get properly licensed by their state department of health services and receive city zoning clearance to operate legally. Private Assisted Living Homes typically house seniors who are no longer able to live alone or care for themselves, and whose family members are unable to provide them with 24 hour care and supervision. Assisted Living Homes provide residents with balanced and nutritious meals and snacks, catering to individuals with dietary restrictions. In the state of Arizona, caregivers are permitted to distribute prescribed medications to their patients. Many of these operations also provide entertainment appropriate to the enjoyment of their residents such as piano music, singing, and games; and welcome volunteers into their site to entertain live-ins as well. Family members of residents are invited to visit duri...

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...It also contributes positively to the overall health of the community by creating jobs, stabilizing neighborhoods, and providing quality healthcare.

Works Cited

Kling, Michael. "Zoned Out: Assisted-Living Facilities and Zoning." The Elder Law

Journal, 20 Sept. 2002. Web. 03 Nov. 2011.

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United States. Arizona Department of State. Secretary of State. Title 9: Health Services.

By Scott Cancelosi. Arizona Administrative Code. Web. 03 Nov. 2011.

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Yun, Lawrence. "Riding the Investor Wave." Economists' Outlook.

National Association of Realtors, 17 Oct. 2011. Web. 03 Nov. 2011.

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