Colorado: A Prime Destination for Luxury Senior Living Investment
Colorado’s high quality of life and health-conscious culture make it a premier location for upscale senior housing investments. As the state continues to attract affluent retirees seeking active lifestyles, demand for diverse senior living options is expected to surge.
1. Senior Population Growth
Colorado’s 65+ population is projected to exceed 1.2 million by 2030, with the fastest-growing segment being those aged 85 and older. By 2035, the 85+ senior population is expected to grow by over 60%, significantly increasing the demand for assisted living, memory care, and independent living communities.
2. Affluent Retirees Seeking Premium Living
Unlike many other retirement hotspots, Colorado attracts retirees with higher disposable incomes. Many are relocating from states like California, New York, and Illinois in search of lower taxes, outdoor recreation, and an excellent healthcare system. This creates a strong market for high-end senior living communities featuring resort-style amenities and wellness-focused programs.
3. Health & Wellness Focus
Colorado’s reputation as one of the healthiest states in the country aligns with evolving senior housing trends that prioritize active living, preventative healthcare, and holistic wellness programs. Many new senior living developments incorporate fitness centers, organic meal options, and outdoor recreational spaces to meet the expectations of today’s health-conscious retirees.
4. Strong Healthcare Infrastructure
The state is home to some of the best healthcare facilities in the nation, including UCHealth, Centura Health, and National Jewish Health. Access to top-tier hospitals and specialized senior care providers makes Colorado a highly desirable destination for retirees who prioritize quality medical care.
5. Growing Demand in Urban & Suburban Markets
While Denver remains a key hub for senior housing development, secondary markets like Boulder, Colorado Springs, and Fort Collins are experiencing rapid growth. These areas offer a balance of city amenities, outdoor recreation, and lower living costs, making them attractive alternatives for senior living investment.
Investment Opportunities in Colorado’s Senior Housing Market
- Luxury Independent Living Communities: High-end retirement communities catering to active seniors who seek a resort-like lifestyle.
- Assisted Living & Memory Care Facilities: Growing demand for specialized care due to the projected increase in the 85+ population.
- Continuing Care Retirement Communities (CCRCs): Providing a full spectrum of care, allowing residents to age in place.
- Affordable Senior Housing: With rising housing costs, there is an increasing need for affordable senior housing solutions.
Final Thoughts
Colorado offers a unique blend of strong economic growth, high quality of life, and increasing demand for senior housing. Investors who tap into this market now can benefit from long-term stability and high occupancy rates driven by the state’s aging population. Whether developing luxury communities or expanding assisted living facilities, the opportunities in Colorado’s senior housing sector are abundant and growing.
Haven Senior Living Partners specializes in helping investors navigate the complexities of the senior housing market. Contact us today to explore investment opportunities in Colorado’s thriving senior living sector.