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… Read More 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. Read Less
Courtesy of HomeSmart Realty 602-230-7600
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
9
Full Baths
3
Square Ft.
3,093
Lot Size
0.17 Acres
Year Built
2024
MLS Number
6858662
Additional Details
Building
Built in 2024, Living area: 3093, Construction materials: "Stucco", "Wood Frame"
Association fee: $95, Association fee frequency: Monthly, Association fee includes: "Maintenance Grounds", Association amenities: "Rental OK (See Rmks)"
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