Listing Details:
Listing ID: 6886777
Updated: 6/30/2025 12:24pm
Status | Active/For Sale |
Days On Market | N/A |
Taxes | $19,705.00 |
HOA | $0.00/******** |
Type | N/A |
Open Parking | 22 |
Year Built | 1974 |
Lot Size | 78317.00 |
County | Maricopa |
Listed By | Zion Realty, LLC |
Description:
1.79-acre, 62,000 sq ft R5-zoned investment opportunity in a thriving multi-family market! Formerly Copper Heights Assisted Living, this vacant 2-story property with basement is ideal for multi-family housing, a hotel, or other creative uses (subject to local zoning). 78 units: 30 one-bedroom and 48 studios, each with private bathrooms (tub/shower combo), kitchenette plumbing, and P-tech AC units. The main floor features an office & two spacious recreational/dining areas, perfect for community living. The basement includes a commercial-grade kitchen with a walk-in cooler and freezer. Energy-efficient with a newly repaired roof and solar panels, reducing utility costs. Appraised at $10.74M in ''as is'' condition. Seller offers financing with a $3.5M downpayment for qualified buyers.
School Information:
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Property Location:
Listed By: Zion Realty, LLC | Paul J. Bruccoleri 602-740-5269
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.