Get old and get spoiled

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Welcome to the property management blog, our window into the property management business.

Senior housing is getting to be a serious concern and a serious business. I looked at a project today that creates a win-win situation. It is a rental arrangement where seniors rent an apartment in a building with limited services and a restaurant/pool/billiards room. The rent ain’t cheap, but the place was very nice. It allows older folks to life large.

They can enjoy apartment life in a nice, new building with the conveniences of a hotel and the peace of mind knowing helpers will show up if you need them. The cost is not that much more than the cost of owning and maintaining a single family house.

If the future of old people will be resort-style living, then I am in favor of getting old and moving in. What are your plans to serve and profit from our aging population?

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Disclamer: This entry is intended to promote our partner StorageMart and some or all participants received compensation.