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Left onto N 128th Dr. N 128th Dr turns right. 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27 More
- $950,000
11074 W TONTO Street, Avondale, AZ 85323
Listing Courtesy of 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.
Details
Property Location
11074 W TONTO Street, Avondale, AZ 85323
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