🏠 Lease Your Property Through Vanderburgh Sober Living

We welcome property owners to join us by using real estate to impact local communities. Lease your real estate through VSL and expand your portfolio while making a difference in your community. We invite you to join us on this journey

 

 

 

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VSL and Our Providers

Welcome to a real estate niche that provides significant returns and creates a profound community impact. Sober living presents a unique opportunity for investors seeking to diversify their portfolios while contributing positively to society.

 

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Why lease through VSL?

• The VSL Network: Leverage our expertise as the largest network of Chartered Homes in the nation, with the track record and proven platform for success.
• National Reach, Local Impact: From Maine to Georgia, every VSL Operator is carefully vetted and looking to lease homes in local communities.
• Stability: Enjoy profitable long-term leases and a fulfilling partnership in service of local communities--with every lease backed by a VSL Corporate Lease Guarantee
  
  

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What is an ideal home for VSL?

Our experience has shown that certain features amplify the effectiveness of a sober living environment:

• Spacious homes: Large single-family or two-family homes with spacious layouts and multiple bedrooms and bathrooms.

  • A minimum of 3,400 sq. ft. is preferred.
• Decent neighborhoods: VSL homes are located in traditional residential neighborhoods, avoiding areas with high crime.
• Accessible locations: Homes in walkable neighborhoods, close to public transportation and services. (check your walk score! www.walkscore.com)

 

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How it Works

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Step 1: Submit a site for consideration

If you haven't done so already, the first step is to submit a site for consideration using our simple online form. This submission will go to the VSL Site Team for review. We will be in touch relative to all form submissions as soon as possible.

• Access the form: 📋 Submit a Site form
• Email our Site Team: site@vanderburghhouse.com

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Step 2: Option to Lease proposal

After you have submitted a site form, we will contact you to review the details of your site. If we are interested in moving forward, we will provide an initial Option to Lease Proposal for your consideration. When reviewing this proposal, please feel free to discuss any details with our agency, and we encourage you to discuss it with your advisors. To proceed, we will need you to sign the proposal.

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Step 3: Site Inspection

After we have agreed upon lease terms and a signed Option to Lease Proposal, we will conduct a comprehensive site inspection. This review and report will provide a roadmap for how to improve the property if any work is needed. We will provide you with advice on layout, efficiency, and necessary renovations or upgrades.

• Access VSL’s Facility Standards

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Step 4: Facility Standards

After the site inspection, we may need specific updates to ensure the home meets VSL's facility standards, focusing on safety, layout improvements, etc.

• Safety: Ensuring safety is our top priority; our provider must address all safety-related feedback from the inspection. VSL safety requirements are common sense and don't typically require expensive upgrades.
• Layout: our inspection may suggest adjustments to improve the layout. These changes may enhance the living experience and also offer a higher lease payment due to the increased occupancy provided by the improved layout.
• Furniture: Providers are not required to meet the furnishing or fixture standards, as furnishing is most often the responsibility of the Operator or VSL. However, if you would have interest in providing a fully furnished home, please let us know and we can discuss an increased lease payment accordingly.

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Step 5: VSL Operator Placement

While the property is being prepared for occupancy, VSL will conduct a search and placement for a local operator for the home. The search process includes thorough interviews and assessments of candidates to ensure their commitment, experience, and alignment with our values. VSL may need to organize tours of the property for select candidates on a limited basis.

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Step 6: Document Signing

Once we have a timeline for the completion of any work needed at the home and an operator placed, VSL will draft documents at our expense and provide to the parties for review and approval. Once we are in agreement with the final documents, timeline, and expectations, we will execute the proposed documents.

 

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👤 Who are our property providers?

As Vanderburgh Sober Living continues to make strides in supporting communities, it becomes evident that our mission is deeply intertwined with real estate partners. These property partners not only provide the canvas on which we craft our homes but also become stakeholders in the noble cause of addiction recovery. Their diverse backgrounds and aspirations create a beautiful mosaic that fuels our mission. Below, you'll find personas representing the kinds of partners we've had the privilege of working with.

❤️ Recovery Ally

Meet Jacob, a local property owner deeply affected by the menace of addiction in his own family. Having witnessed a close one battle addiction, he understands the pressing need for sober living facilities. Jacob inherited a few properties from his family and, after a chance interaction with a recovering addict, decided he wanted to be part of the solution. By leasing or selling these properties to VSL, he not only supports the cause of recovery but ensures that his property serves as a beacon of hope for those battling addiction. He knows that, through Vanderburgh, his properties won't just be houses but homes, fostering recovery, growth, and community.

🎨 Creative Thinker

Aria is a seasoned real estate developer with a knack for seeing potential where others don't. Throughout her career, she's been known to apply unique strategies to maximize returns, always willing to venture off the beaten path. When she came across Vanderburgh, she saw not just a tenant or buyer, but a partner. Aria proposed lease-to-own options, flexible terms, and other creative strategies, ensuring her properties remain assets while simultaneously supporting a cause. Working with VSL, she knows she's part of something transformative, blending real estate acumen with a heart for community upliftment.

🎯 Goal Setter

Liam is a driven individual with a clear vision: building a formidable real estate portfolio. But for him, it's not just about numbers; it's about meaningful partnerships. Enter Vanderburgh Sober Living. Liam recognizes the stability and growth potential in partnering with VSL. By leasing his properties to Vanderburgh, he ensures steady, long-term tenancies—minimizing vacancies and maximizing returns. Every property he adds to his portfolio is another potential home for those in recovery, making him an integral part of VSL's mission. For Liam, this partnership is the perfect marriage of ambition and altruism.

 

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We work with property owners to support our Chartered Recovery Residence Operators

We help sober living operators grow by connecting them with real estate developers and investors who focus on making a difference.

The challenges faced by real estate investors

Investing in sober living homes can be both rewarding and complex. Many investors see the immense potential in sober living, from both the community impact and return on investment. However, they often encounter challenges such as:

• Limited Experience of Operators: Sober house operators may lack the size, capital, credit, and track record which is expected by savvy investors.
• Operational Complexity: The field of sober living is challenging to navigate and requires an experienced operator, an experienced real estate owner, or often both
• Risk vs. Reward: Investors can choose to either stick with traditional oversaturated residential rentals, or take a risk in an industry that they don't know, or with tenants that may present their own risks