1310 E McDowell Rd - Assisted Livings FOR SALE


Phoenix, AZ 85006- Coronado
$1,400,000 USD
602-625-4220
1310 E McDowell Rd, Phoenix, AZ for Sale
$1,400,000 USD
Assisted Livings - FOR SALE
1/7
null | Request Cap Rate

1310 E McDowell Rd
Phoenix, AZ 85006
Coronado


OVERVIEW

Prime Phoenix Asset Ready for Transformation Formerly the Berkshire Retirement Hotel, this property offers a rare chance to reimagine a centrally located asset in Phoenix. While currently unoccupied due to a past fire, it holds exceptional potential for a wide range of uses. Envision a state-of-the-art in-patient behavioral health facility, modern assisted or independent living, a boutique hotel, apartments, or another high-demand development. Permits approved and previously pulled, buyer will need to reinstate with City of Phoenix. The City of Phoenix has already approved plans for the reconstruction of 144 beds within 43 rooms, streamlining the path to redevelopment and maximizing value for forward-thinking investors or operators.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Burkshire Retirement Hotel

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,820 SF

ZONING

C-1/C-2

APN/PARCEL ID

117-24-077A

ASK ABOUT THIS PROPERTY

Alexandra LoyeCushman & WakefieldMore Info
602-625-4220

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Alexandra LoyeCushman & WakefieldMore Info
602-625-4220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.