Co-Living Investment Strategy

A proven approach to shared housing that maximizes cash flow, solves affordability challenges, and creates high-yield opportunities for everyone at the table.

THE MODEL

What Is Co-Living?

Co-living is a shared housing model where individuals rent private bedrooms while sharing common areas like kitchens, living rooms, and sometimes bathrooms. Think of it as a modern, professionally managed version of a rooming house or a PadSplit-style structure.

By renting by the room rather than by the door, we are able to significantly increase the gross rental income of a standard single-family home or small multifamily property. This model addresses a critical need in today's housing market: affordable, flexible, and community-focused living arrangements for working professionals.

Photorealistic interior of a tidy, simply furnished private co-living bedroom with queen bed, neutral bedding, small dresser, desk and chair, potted plant, bedside lamp, neutral white/light-gray walls, and natural daylight through standard windows

Aerial cityscape photo of Atlanta, Georgia showing downtown skyline

THE MARKET OPPORTUNITY

Why Atlanta?

Atlanta is our primary focus for co-living acquisitions because the market fundamentals align perfectly with the strategy. The metro area boasts strong population growth, a high density of major employers, and excellent proximity to transit.

Crucially, Atlanta is a mature market for platforms like PadSplit, meaning the operational infrastructure and tenant demand are already proven. As housing affordability pressure continues to mount, the demand for high-quality shared housing in Atlanta is driving consistent, reliable occupancy.

OUR METHODOLOGY

The Providence Homes Approach

We acquire properties that fit a strict, data-driven criteria. Once acquired, we execute a targeted conversion process to optimize the floor plan for co-living, adding bedrooms where appropriate, updating systems for higher usage, and furnishing the property to a high standard.

Our deals are structured creatively to ensure downside protection and maximize upside for our capital partners. We handle the acquisition, the conversion, and the ongoing management oversight, creating a truly passive opportunity for our lenders and a reliable exit for our sellers.

HOW WE EXECUTE

From Acquisition to Income in Three Steps

01 Acquire

We identify and purchase properties that meet our strict co-living criteria in the Atlanta metro.

02 Convert

We optimize the floor plan, update systems, add bedrooms where appropriate, and furnish to a high standard.

03 Generate

The converted property produces significantly higher rental income than a traditional single-family rental, creating strong returns for our capital partners.

WHO THIS WORKS FOR

Every Deal Creates a Win

for Multiple Parties

The co-living model is designed to work for everyone involved. Here is how each party benefits from a Providence Homes transaction.

older homeowner or couple meeting with a professional in a warm home setting, conveying a solution-focused conversation

Sellers

Get a creative solution to sell your property quickly and reliably, even if a traditional sale is not an option. We structure deals that work for your situation.