Need to have a discussion her about a blended model. Short term @ $500 a day for say 60 units and then move to long term in another wing for the remaining 127 units at maybe $800 a month self pay? As @Joshua Holliday mentioned would need to have workforce and jobs training and placement for folks in order for them to be able to pay the rent for the long term side. C area next to a D area which is not my favorite. Also attaching Underwriting and pictures in this thread - I underwrote it as if all 187 units were short term and it works but would be a LOT of work and staffing etc. cc @Michelle Darnè @Jr Bilbes @Deepak Mathur
Hi - Yes, my plan is to be in Sacramento this week to initiate discussion with the building department. I will revert back to you with additional information regarding my findings. Thanks!