000 E Scottsdale & Central Phx AL, Scottsdale, AZ 85253 - MLS #6382396

images$5,600,000 images******** Beds

images******** Bath images11,189 sqft images********

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Description

Rare opportunity to own 20 unit assisted living portfolio in North Scottsdale & Central Phoenix! Priced to sell below replacement cost. The portfolio consists of 2 fully remodeled/new construction, quality class A single family homes. Each home licensed for 10 residents. Gross income currently over $105k/mo!

Property Features
Business Type: Professional Service
Form of Ownership: Limited Liability Co
Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Mgmt Consult Agrmt; Other - See Remarks
Lease Information: None
Hours of Operation: Other - See Remarks
Type of Lease: None
Business Age: 10+ Years
Current Ownership: 10+ Years
Expenses Include: Utilities; Insurance; Advertising; Accounting; Legal; Supplies; Taxes - Real Estate; Taxes - Payroll; Taxes - Rental; Licenses; Repairs; Payroll; Telephone; Other; See Remarks
Source of Fincl Data: Owner
Parking Features: Parking Structure; Private
Electric: APS; SRP
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
Cooling: Heat Pump
Showing Notification Methods: Text
Lockbox Type: None
Current Financing 1: Treat as Free & Clr
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Other (See Remarks)
Environmental: None
Contract Info
Current Price: $5,600,000
Sold Price: $5,600,000
Status: Closed
List Date: 2022-04-12
Location
Map Code/Grid: J30
House Number: 000
Compass: E
Street Name: Scottsdale & Central Phx AL
St Suffix: --
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85253
County Code: Maricopa
Assessor Number: 000-00-000
General Property Description
Ttl Apx SqFt Bldg: 11189
Uncvrd Parking Spcs: 12
Remarks Misc
Geo Lat: 33.434748
Geo Lon: -112.010764
Status Change Info
Off Market Date: 2023-03-21
Under Contract Date: 2023-01-01
Close of Escrow Date: 2023-02-24
Sold Price: $5,600,000
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $