$3,200,000
$3,950,000
19.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/01/2025
Key Details
Sold Price $3,200,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6790169
Sold Date 05/01/25
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
multiple common seating areas, all designed to promote an active and social lifestyle. Outdoor features boast a walking path, and a tranquil patio area ideal for relaxation and social gatherings.
The 3,607sf home features: 11 fully furnished bedrooms each with en-suite bathrooms, 1 hall bathroom, spacious living room, family room, laundry room, 400sf garage storage , a gourmet chefs kitchen, formal dining area, and a multiple common seating areas, all designed to promote an active and social lifestyle. Outdoor features boast a walking path, and a large covered patio.
Value add opportunity includes: increasing the resident rates, increasing license from 10 to 16 with City of Phoenix CofO exemption process, converting existing garages to livable square footage for large primary suite, or additional caregiver rooms.
New owners can opt for training and a smooth transition with the current staff in place, ensuring a seamless takeover of operations.
Currently operating at full occupancy, this portfolio boasts a gross monthly income exceeding $110,000 and an annual gross income surpassing $1,320,000! Don't miss this exceptional opportunity to own a thriving residential assisted living home with the potential for further growth and profitability.
Location
State AZ
County Maricopa
Area Maricopa
Interior
Heating Electric
Cooling Heat Pump
Flooring Flooring
Exterior
Parking Features Paved, Private, Free
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 000-00-000
Acceptable Financing SBA, Conventional
Disclosures None
Listing Terms SBA, Conventional
Financing SBA
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