Excellent investment opportunity! This Residential Assisted Living (RAL) property features **10 full bedrooms and 5 full bathrooms** and is currently leased through **March 2029**, providing immediate and predictable rental income. Current lease rate is **$8,500 per month ($102,000 annually)**. Offered at **$1,350,000**, providing an approximate **7.56% cap rate before owner-paid… Read More expenses**. Tenant is responsible for **all utilities and property maintenance**, making this an attractive low-management opportunity for a passive investor. Ideal for investors seeking stable cash flow with an established RAL operator already in place. Please do not disturb tenant. Buyer to verify all facts, figures, licensing, zoning, lease terms, and financial information. Read Less
Courtesy of Gile Commercial Real Estate 602-980-3171
Listing Snapshot
Days Online
1
Last Updated
Property Type
Business Opportunity
Lot Size
0.2 Acres
MLS Number
7073443
30 Days Snapshot Of 85085
$676k
+4%
(avg) sold price
34
-32%
homes sold
116
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living area: 3540
Cooling
Central Air, Ceiling Fan(s)
Heating
Natural Gas
Lot
0.2 acres, 8,776 sqft
Parking
Free
Sewer
Public Sewer
Utilities
Other (See Remarks)
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