• Other similar projects charge $3,200 – $4,800 per month per bed (Assisted Living). Revenues will increase based on patient needs.
• Projected revenues are based on 60% occupancy for first year and 70% to 90% occupancy for subsequent years.
• All figures are estimated based on available market data and not guaranteed to be future prediction.
• Other similar facilities have more charges by providing more care (i.e. baths, medicine, keeping company).
• Normally similar projects start with 70% or more occupancy but being conservative we calculated starting occupancy with 60%
• Operations with be done by professional operators