REAmplified Care is a pro-active partner committed to serving the senior living industry through a thoughtful evaluation process that ensures community development by providing quality housing and care for our aging population.
I am a RAmplified Care Partner with 25 years of healthcare experience in hospital operations and compliance. I am passionate with helping my community find solutions to address disparities of health and housing notably with the elderly, homeless and women. My current real estate project is Assisted Living also known as Residential care facility for the elderly (RCFE)
What is Assisted Living?
Facilities that provide both housing and personal care. Criteria includes:
•Residential Care Facility for the Elderly (RCFE) non-medical homes for 60 yo and over
•Residents are unable to live by themselves but do not need 24- hour nursing care
•Equipped with trained staff who provide personal care assistance and medication management
It involves:
•DSS: California Department of Social Services
•CCLD: Community Care Licensing Division
oDistrict offices throughout the State ensure compliance standards
o6-month process
•Fire Department: Emergency Exit and Safety
Ombudsman: Advocacy for Residents and Families; Staff/Volunteer Background and Competence
Business Opportunity:
•It is projected by year 2035, more than 78 million people age 65 and older living in the United States, up 60% from 46 million in 2016. Every state is expected to see massive growth as baby boomers age into retirement and California is expected to increase 30% (Assisted Living Education).
•Dementia related cases increase with age 17% of people age 75-84. Alzheimer’s Disease increase 32% once 85 or older.
•Provide solution and/or infrastructure to care for seniors
Investment Opportunity:
•Ask: $200,000
-$100,000 3-4 months holding cost required by the State
-$75,000 License, inspection, living space configuration
-$25,000 Staff recruitment, marketing
•Real Estate Property: 1770 Wright St Pomona, CA
- PP 1.1 M
-2500 sqft
-6 bedrooms+ 2 bathrooms
-2 Single Family Homes same lot
-Near park, good neighborhood
-Close to I-10 freeway and 71
Projected Monthly:
Income:
RCFE/Bed: $8,000
Bed Count: 6
Total Monthly: $48,000
Operating Expense:
Mortgage: $6,000
Payroll/Caregiver: $18,000
Admin: $5,000
Utilities, Insurance, Fees $3500
Groceries: $1000
Total Expenses: $35,500
Net Income: $12,500
Net Profit: 26%
I am open to any amount you are comfortable initially investing
I could also take a look of your current properties that can be converted to RCFE/Assisted Living
For inquiries, please contact Marian Antona at 909-206-2811
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