Listing Details:
Listing ID: 6858662
Updated: 5/14/2025 5:18pm
| Status | Active/For Sale |
| Days On Market | 31 |
| Taxes | $249.00 |
| HOA | $95.00/Monthly |
| Type | Single Family Residence |
| Garage | 2 |
| Open Parking | 2 |
| Year Built | 2024 |
| Lot Size | 7560.00 |
| County | Maricopa |
| Listed By | HomeSmart Realty |
Description:
High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.
School Information:
- Littleton Elementary School
- Littleton Elementary School
- West Point High School
Property Location:
Listed By: HomeSmart Realty | Christopher Vlad 602-686-0653
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
