1031 Investment Ideas: Golden Girls, Asheville-Style

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Real Estate Broker/Owner with REAL ESTATE RESOURCES & NETWORK 209970
https://activerain.com/droplet/4s9p

1031 Investment Ideas: Golden Girls, Asheville-Style...

AND NOW... a special focus on aging-in-place, or (as we refer to it) Aging in P A L A C E.  That’s because aging in place is the preferred lifestyle among a majority of boomers—71% of adults ages 50 to 64, according to AARP data earlier this year.

Taking this information, 1031 investors in Asheville may find a lucrative placement of their money in “Golden Girls” type housing opportunities.

1031 Investments Asheville Style

Could a 4,000 sq. ft. residential property zoned multi-family be a good 1031 investment?

 

Consider the idea of  investments made in buildings zoned multi-family. One couple we know decided to purchase a B&B with the idea of turning it into and aging-in-P A L A C E property as part of their creative (un)retirement plan.  Not only could these Asheville 1031 investors facilitate the well-known desires of older adults, but they could  enable successful aging in place – an attractive personal option.

GOING ONE STEP FURTHER:  1031 investors also might organize a connection with Roommates4Boomers (link is below).   This online outreach program has  relationships with several aging in place organizations and a national network to share information- a creative way to work for occupancy   by connecting compatible roommates for shared living options.

LIVING IN COMMUNITY: A plan for living in community makes sense for investors. Supporting the ability to age in place by coordinating access to affordable and volunteer-provided services for older adults is important.   Access to transportation, health and wellness programs, as well as social and educational activities can help to make a multi-family 1031 investment property profitable.

 

RESOURCES: Living in Community Network

ASK US ABOUT Asheville area B&Bs for sale.

1031 Investment Ideas: Golden Girls & Asheville-Style

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"Helpful starting points for talking about and designing
a functional and BEAUTIFUL lifelong home."

 

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1031 Investments and Ideas
Aging-in-Place, Boomers, Castles & Dreams
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How about the idea of shared homes for single older people...?

Dec 10, 2014 09:30 AM #1
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