5 Best Markets for Senior Housing Investment

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Senior housing facilities are high in demand all over the states which makes most investors determined to invest in them more than ever before. The demand for the senior living housing facilities (fortunately for the investors) does not match the supply of the facilities, which is relatively low. Among all the senior housing options available, independent and assisted living housing option, comparatively, have more demand.

What are the 5 Best Markets for Seniors Housing Investment?

California

California is believed to be the best among the markets for senior housing investments. With San Francisco having the highest demand for senior housing, California is thriving in terms of being the best market for senior housing investment. Also, as San Jose has the highest occupancy rate, California again wins the title for being the best market for senior housing investment.

Arizona

With the most seniors within its locality, Arizona tops the list of best markets for senior housing investment after California. Also known for being one of the top states with the most retirees, Arizona has great demand for senior housing facilities. It has a good supply of senior housing facilities in its regions, Arizona quickly absorbs the supply without much ado.

Florida

Not only does the markets in Florida have a higher demand for senior housing facilities but also have a great supply. Cities like Tampa and Orlando lead in terms of having the most supply in Florida. The Sunshine State, on the other hand, is known for being one of the top retirement destinations. Florida is also known for having the highest proportion of seniors over 65. This adds to the fact that Florida is, no doubt, a state with the most demand for senior living facilities.

New England

New England is a house of a lot of senior housing facilities, mostly near the college campuses. Maine is listed among the top five states that have the most retired elderlies. It also follows Florida in the highest proportion of the population of elderlies over 65. Maine is believed to have a good quality of life for the elderlies as it has the lowest crime rate and an appealing way of living. Investing in the senior homes of New England, therefore, is a beneficial option for investors for there is great demand for senior housing in these states because of its nearness to the east coast cities and cultural way of living.

Washington

Investors nowadays are looking to invest in the developed part of the states as those states are in fact a good market for senior housing. Seattle, for example, is a very developed part of the states and a home to the most tech-savvy people working in the city. Seattle is still undergoing a lot of construction projects which attract more investors looking to invest in senior housing.

The five states listed above have the most senior living options available for investors to invest in. They are all the most lucrative options for investing in senior living housing facilities. They all have their own advantages which make them the best markets for senior housing investments.

 

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