26808 N 24TH AVENUE
Phoenix AZ 85085

$1,350,000
Price

0.0
Beds

0.0
Baths

3,540
Sqft

homeListing Details:

Listing ID: 7073443
Updated: 8/30/2026 11:11pm

Status Active/For Sale
Days On Market 1
Taxes N/A
HOA N/A
Type N/A
Open Parking 2
Year Built 0
Lot Size 8776.00
County Maricopa
Listed By Gile Commercial Real Estate

descriptionDescription:

Excellent investment opportunity! This Residential Assisted Living (RAL) property features **10 full bedrooms and 5 full bathrooms** and is currently leased through **March 2029**, providing immediate and predictable rental income. Current lease rate is **$8,500 per month ($102,000 annually)**. Offered at **$1,350,000**, providing an approximate **7.56% cap rate before owner-paid expenses**. Tenant is responsible for **all utilities and property maintenance**, making this an attractive low-management opportunity for a passive investor. Ideal for investors seeking stable cash flow with an established RAL operator already in place. Please do not disturb tenant. Buyer to verify all facts, figures, licensing, zoning, lease terms, and financial information.

mapProperty Location:

Listed By: Gile Commercial Real Estate | Luis Espinoza 602-373-9729

Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.



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