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Adult Foster Home, w/Real Estate Included

Imagine moving your family into a gorgeous, 6 bedroom, impeccably-maintained, $300,000 home AND HAVE THE STATE OF MI PAY FOR IT!!

Tucked away along a tree-lined street in West Michigan is an upscale Adult Foster Care home (photos available), licensed for up to 6 residents. This facility was established in 1995, and the current owners bought it from their parents in 2005, who were the original owners. They love what they do, and were it not for 'a once in a lifetime' opportunity to move to Australia to fulfill a dream, they would never consider selling.

This spacious nine bedroom, five bathroom home is well appointed and features an updated kitchen, hardwood floors, and a beautiful, brand-new outdoor deck; complemented by spacious outdoor acreage for year-around activities. An additional $30,000 worth of furniture is included in the sale.

All three foster adults bedrooms are located on the lower level with two baths, while the main caretakers enjoy a large master suite on the main level, a bathroom, a study and generous living area in the great room. An additional 5 bedrooms and two baths are located on the upper level, which could be available for the familys children or possibly additional income renters (college students would make great adult sitters).

The adults that live in this setting are very self sufficient, one drives to work every day, and the rest are picked up in a bus and are taken to Hope Network from 8-4. These adults are higher functioning, requiring only assistance with their medications, food preparation and laundry, the only restriction is - as long as anyone is home, an 18 year-old monitor must be on-site.

The facilitys license is renewed every two years. The government allows a monthly payment of $934 for each resident which is guaranteed income. A fully occupied home would generate net receipts of $67,000 after all household expenses are paid, excluding the mortgage.