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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.
Property Type(s):
Single Family
| Last Updated | 4/29/2025 | Tract | VISTA DEL VERDE PHASE 4 REPLAT |
|---|---|---|---|
| Year Built | 2024 | Community | VISTA DEL VERDE PHASE 4 REPLAT |
| Garage Spaces | 2.0 | County | Maricopa |
SCHOOLS
| Elementary School | Littleton Elementary School |
|---|---|
| Jr. High School | Littleton Elementary School |
| High School | West Point High School |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds |
| APPLIANCES | Dishwasher, Dryer, Microwave, Washer |
| CONSTRUCTION | Frame, Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric |
| HOA DUES | 95|Monthly |
| INTERIOR | Double Vanity |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Desert Back, Desert Front |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | VISTA DEL VERDE PHASE 4 REPLAT |
| TAXES | 249 |
| WATER | Public |
Location
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Listed with HomeSmart Realty
The ARMLS logo indicates a property listed by a real estate brokerage other than Russ Lyon Sotheby's Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 4/29/25 10:47 PM PDT.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 4/29/25 10:47 PM PDT.
This IDX solution is (c) Diverse Solutions 2025.
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