A Senior Home Partners Case Study
Meet Mario.
Mario and his wife Dolores ran an Adult Family Home in Kent. They had spent years caring for their residents, and now it was time for a new chapter. Mario wanted to retire, buy an RV, and move it onto his daughter's land outside of Covington.
But Mario had one condition before anything else could happen.
He didn't want people coming in and out of his home. His residents were still there. Disruptions weren't just inconvenient — they could bring unwanted sickness into a vulnerable household. Their wellbeing came first.
Finding the Right Path
We started with an Opportunity Analysis, walking Mario through what an off-market sale, a remodel, and an on-market sale could each look like for his property.
Given his concerns about his residents, the choice was clear. Mario elected to go off-market.
This wasn't just a home sale either. We explored selling the business itself and went looking for an Adult Family Home provider who could take it over.
We found a buyer.
The Moment That Changed Everything
The first buyer made an offer that made Mario happy. Negotiations moved forward.
But as the process continued, it became clear the buyer was asking for too much in return. Concession after concession. Mario was close to giving in.
He looked to us for advice.
We told him honestly: we believed we could get about $30,000 more if he was willing to wait.
He trusted us. He held the line.
Three weeks later, we were under contract with a new buyer willing to pay $60,000 more than what Mario had been about to accept.
He couldn't have been happier.
What $60,000 More Actually Means
That's a 13% increase over what Mario was ready to walk away with.
Not because the market shifted. Not because the home changed. Because he had someone in his corner who knew what it was worth and wasn't afraid to say so.
That's the power of having a trusted expert in the Puget Sound market.
Where Mario Is Now
Mario and Dolores sold their home and their business. They made the transition to their daughter's land smoothly, on their terms, with their residents protected throughout the entire process.
That's what a good outcome looks like.
If you or your clients have questions about real estate, including complex situations involving a home and a business, reach out to Senior Home Partners. We serve families throughout King, Pierce, Thurston, and Snohomish counties in Washington. Your profit is our priority. Your peace of mind is our purpose.