2420 E JOHN CABOT Road, Phoenix, AZ 85032 - MLS #6960329

images$4,100,000 images******** Beds

images******** Bath images1,830 sqft images1986

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Description

The subject portfolio consists of thirteen group home facilities across Phoenix, Glendale, Peoria, and Tempe. The homes have been operated as BHRF's (Behavioral Health Residential Facilities) for over 30 years through AllThrive365 (nonprofit), formerly known as Foundation for Senior Living (with over 50 years of operational history). The portfolio / sale is subject to a 10- year leaseback, providing an investor with a great passive income investment opportunity.

Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Other; See Remarks
Construction: Block; Tilt-Up; Wood Frame
Roofing: Built-Up; Rolled; Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: See Remarks
Cooling: See Remarks
Loading Facilities: None
Interior Features: Other (See Remarks)
Exterior: Other (See Remarks)
Fencing: None
Parking Features: See Remarks
Electric: APS; SRP
Gas: City Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Environmental: None
Contract Info
Current Price: $4,100,000
List Price: $4,100,000
Status: Active
List Date: 2025-12-22
Ownership: Fee Simple
Location Tax Legal
House Number: 2420
Compass: E
Street Name: JOHN CABOT
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 1036
County Code: Maricopa
Subdivision: PEPPER RIDGE
Assessor Number: 214-06-038
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 1830
# of Buildings: 13
Year Built: 1986
Zoning: R-6
Remarks Misc
Cross Street: 13 Locations
Directions: See remarks
Geo Lat: 33.649474
Geo Lon: -112.029886
Legal Info
Township: 4N
Range: 3E
Section: 35
Lot Number: 34
Income Expenses
Net Operating Income: 246000
Showing Notification Methods
Showing Service: No Showing Service Used