1031 Exchange Investment Opportunity
Community Living Partnership offers investment opportunities in the growing senior housing market through Comforts of Home as a 1031 Exchange Investment. We provide a templated, one-stop investment vehicle for tenant-in-common ownership.
Some of the advantages of investing in Comforts of Home are:
• One-stop 1031 Exchange Investment
• Legal work, cost segregation studies, banking relationships and closing documents ready to go
• Bypass the middleman, saving fees and commissions
• New properties in markets with strong demographics
• Management company with strong history
The market for senior housing will continue expand. According to the Minnesota State Demographer's office, the 65-plus age group is projected to grow by almost 700,000 between 2000 and 2030, a growth rate of 117 percent.
In the next 10 years, the senior population is projected to grow by more than 6,000 in each of the largest Twin Cities counties: Hennepin, Dakota, Anoka, Washington and Ramsey.
The 85-plus population is expected to grow 298 percent in Washington County, 289 percent in Scott County and 270 percent in Anoka County between 2000 and 2030. The aging of current middle-aged and young elderly residents is the major reason for this tremendous rise.
We believe that the combination of reasonable prices and quality services is a winning one that will keep demand for our Comforts of Home communities high.
For more information on investing in Community Living Partnership projects, please contact Brian Winges at 651-407-7009 or email bwinges@visi.com.