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Mike Adams • Call or Text (713) 545-7125 • [email protected]

Land Development Opportunity

418 N. Rusk St. Wharton Texas

OUR COMPANY
Housing by Sun America is an established Texas based real estate company.  We have coordinated and executed on a diverse variety of construction projects for a leading real estate development firm.  
 
We specialize in Renovation projects, Construction projects, Commercial rehabs and Development projects.  
 
Our responsibilities to the project include providing consulting, presenting proposal with cost effective estimates, negotiating the terms of the contracts, providing strategic planning of the project followed by the execution and completion, as well as staging and logistics.
OUR MISSION
To perform for our customers the highest level of quality construction services.  To ensure longevity of our company through repeat and referral business achieved by customer satisfaction in all areas, including timelines, attention to detail and service-minded attitudes.
 
To maintain the highest levels of professionalism, integrity, honesty and fairness in our relationships with our suppliers, subcontractors, professional associates and customers
OUR CAPABILITIES
Housing by Sun America is ready and able to provide complete construction and accreditation of mission critical and specialty facilities.  
 
Through our extensive pool of highly qualified architects, engineers, subcontractors, consultants and suppliers, we offer turnkey solutions from a single source of projects and programs.
 

Executive Summary

The overall goal of this executive summary is to identify and raise capital to build an Assisted Living  Facility (ALF) in the Wharton area. Public and private planners may use this document to decide how to best proceed to meet the community’s overall needs for assisted living. 


Housing By Sun America (HBSA) has identified a 32,863 sq. ft. building for long-term care needs in the  Wharton area. HBSA analysis examined the market needs for several kinds of long-term residential care, concluding that there was a strong demand for assisted living and memory care units. 
 
This executive summary builds upon the HBSA Market Analysis, and provides architect plans for building and operating an assisted living facility. No effort is made here to plan for nursing home units or senior independent  living housing. This Business Plan also brings the Market Analysis’s broad analysis more sharply into focus from a financial perspective, and provides future operators/investors to own Assisted Living Facilities. 
 
The total development cost for a new ALF in Wharton County is approximately $2.33 million, including land  purchase ($310,0000), construction (~ $1,800,000), loan financing, and other start-up costs. Based on the opportunities created by the unmet demand for assisted living facilities in the growing city of Wharton, the ALF will be in a good position to commence services immediately. By pricing its services competitively with the existing market, the ALF can effectively penetrate the market. Two important factors for prospective residents will be emphasized: privacy and quality of services. 
 
Thus, the ALF has been designed to offer up to 160 beds of private studios and shared apartments. Likewise, the pro forma budgets allow the ALF to pay competitive wages to key management and staff, enhancing the  quality of operations. This process will be done by vetting accredited operators/- investors who may buy out HBSA for $5 million or more.

Products and/or Services

  • ALF will focus on developing and providing assisted living services at the 140-bed facility. At a minimum, and in compliance with the state of Texas and local government licensing for Assisted Living Facilities, services will include:
  •  Twenty-four (24) hours a day access to medical personnel.  A registered nurse and/or other medically trained staff will be on site 24 hours a day in case of emergency, to provide medication management, and to supervise daily living activities.  Nursing staff will “make rounds” and be aware of residents general whereabouts.  The number of personnel will be proportional to the occupancy level of the facility.  Staff will include a nurse-administrator, certified nurse assistants, personal care attendants, a health/wellness director, an activity director, a dietitian / food service manager, cooks, and maintenance personnel.
  •  Assistance (as needed) with the resident’s activities of daily living, such as bathing, dressing, taking medications, and eating.
  •  The ALF will also incorporate a health and exercise program (in cooperation with the physical therapy center located next door to the site).
  •  Three meals a day in a central dining area.  Most residential units at the ALF will not have full-size kitchens, but may contain a kitchenette equipped with a dormitory-size refrigerator and/or microwave oven.
  •  Transportation to local medical facilities and businesses, including the local hospital or day cent.  Additionally, the ALF will provide transportation to larger facilities as needed by residents.  This flexible transportation service allows the ALF to assist with personal services, with minimal decline in the independence of the resident.
  •  Full compliance with all Texas licensure and federal certification requirements, as well as all other applicable local, state, and federal laws.
  •  The ALF will include activities and other components necessary to enrich resident’s quality of life.

SIMILAR FINISHES FOR ASSISTED LIVING:

***SERIOUS INVESTORS ONLY***

Corporate Headquarters

Mike Adams

Call or Text (713) 545-7125
[email protected]