30%+ ROI Adult Family Home in Spokane Valley, WA · Multifamily Strategy Community

30%+ ROI Adult Family Home in Spokane Valley, WA

We’re excited to share an opportunity in Eastern Washington that solves a real housing need while producing strong, predictable cash flow.

My wife is a nurse who works directly with adult family home (AFH) operators, and through her role we’ve identified a significant shortage of licensed AFH housing in our market. The operators themselves are experienced, licensed, and in demand, but most lack the capital to purchase and renovate homes to meet state compliance standards (ADA ramps, safety bars, egress windows, etc.).

That gap creates the opportunity.

Today, we have two qualified and licensed AFH operators ready to open their second and third AFH locations immediately. Both are prepared to sign 5-year leases at $5,000 per month, which is consistent with market rents for AFHs ($5,000–$6,000 depending on room count).

Here’s what’s already in place:

✅ Tenants lined up before purchase
✅ Experienced AFH-focused contractor for renovations
✅ 80% bank financing secured
✅ Full management, maintenance, and repairs handled by us

This is a long-term, stable rental model with operators who rely on continuity and typically stay well beyond initial lease terms.

We’re seeking a partner for the remaining 20% down payment plus renovation capital. Based on final renovation costs, projected returns conservatively land at ~30% annual ROI, with upside into the low-to-mid 30% range, driven by strong in-place cash flow, not speculation.

This investment is stable because it’s backed by real estate and long-term leases with experienced adult family home operators. Investor capital goes directly into the down payment and required renovations, which make the home compliant and immediately rentable. Investors get paid from contracted monthly rent — not appreciation — and we already have additional operators lined up, creating strong demand and downside protection.

What makes this especially compelling:

Needs-based housing with growing demand
Long-term leases with experienced operators
Day-one cash flow
Conservative debt
Hands-on operators with aligned incentives
High cash flow!

Our goal is to build a portfolio of high-cash-flow AFH properties and grow with the right partner over time: someone who values stability, transparency, and long-term wealth creation.

If this aligns with what you’re looking for, I’d love to connect and walk through the numbers in detail.

📧 iam@patlaffey.com

📞 925-759-6945

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