000 E South Arcadia Assisted Living Lane, Phoenix, AZ 85008 - MLS #6190073

images$3,700,000 images******** Beds

images******** Bath images8,000 sqft images********

imagesClosed

icon Ask a Question

Description

Rare opportunity to own a beautiful Class A new construction luxury 20 bedroom assisted living portfolio consisting of 2 10 bedroom homes in South Arcadia! Gross income over $80,000/mo. Each home is licensed for 10 residence. Please call/txt listing agent for more info.

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: Less Than 1 Year
Current Ownership: Less Than 1 Year
Business Location: Corner Lot; Free Standing Bldg
Training: 1 Month
Expenses Include: Utilities; Insurance; Advertising; Accounting; Supplies; Taxes - Real Estate; Taxes - Payroll; Licenses; Repairs; Payroll; Telephone
Source of Fincl Data: Owner; Projected Proforma
Parking Features: Free; Private; Paved
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
Cooling: Heat Pump
Showing Notification Methods: Text
Lockbox Type: None
Road Surface Type: Concrete
Current Financing 1: Treat as Free & Clr
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Conventional; SBA
Environmental: None
Contract Info
Current Price: $3,700,000
Sold Price: $3,700,000
Status: Closed
List Date: 2021-02-04
Location
Map Code/Grid: P36
House Number: 000
Compass: E
Street Name: South Arcadia Assisted Living
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
County Code: Maricopa
Assessor Number: 000-00-000
General Property Description
Ttl Apx SqFt Bldg: 8000
Uncvrd Parking Spcs: 8
Remarks Misc
Geo Lat: 33.490369
Geo Lon: -111.955509
Status Change Info
Off Market Date: 2021-08-10
Under Contract Date: 2021-08-01
Close of Escrow Date: 2021-08-10
Sold Price: $3,700,000
Income Expenses
Net Operating Income: 180000
Sold Info
Loan Type: SBA
Loan Years: 25
Payment Type: Adjustable
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $