1310 E McDowell Rd - Assisted Livings FOR SALE


Phoenix, AZ 85006- Coronado
$1,600,000 USD
602-625-4220
1310 E McDowell Rd, Phoenix, AZ for Sale
$1,600,000 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. 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

$1,600,000 USD

PRICE/SF

$64 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.