1625 N Cherry Cir - Assisted Livings FOR SALE


Mesa, AZ 85201- Riverview
$3,700,000 USD
480-335-4474
1625 N Cherry Cir, Mesa, AZ for Sale
$3,700,000 USD
Assisted Livings - FOR SALE
1/28
null | 11.23% Cap Rate

1625 N Cherry Cir
Mesa, AZ 85201
Riverview


HIGHLIGHTS

  • Fully operational assisted living community offering stability and consistent revenue.
  • Situated within a residential neighborhood providing proximity to medical facilities, pharmacies, and dining options for residents.
  • Licensed staff available 24/7, delivering comprehensive care including medication management, behavioral monitoring, and specialized support.
  • Facility includes shared dining spaces, recreational common areas, and on-site activity programs to support resident engagement.
  • Transportation services available for medical appointments and community outings, ensuring convenience and accessibility.
  • Designed to serve a diverse population including those with specialized health and behavioral needs, reinforcing long-term occupancy demand.

OVERVIEW

Assisted living investment opportunity in Mesa, Arizona, where demand for senior housing continues to rise alongside an aging population. The property benefits from a strong revenue profile. Located within an established residential area with convenient access to nearby amenities and healthcare providers, the property is well-positioned to capture ongoing demand. Overall, this offers investors a stabilized, income-producing asset in a high-growth market, combining reliable cash flow with opportunities to enhance NOI through operational improvements and strategic rate increases.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$558 USD /SF

CAP RATE

11.23%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

R-9

APN/PARCEL ID

135-10-002B

ASK ABOUT THIS PROPERTY

Jake CrawfordCrawford Commercial, powered by EXP RealtyMore Info
480-335-4474

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Jake CrawfordCrawford Commercial, powered by EXP RealtyMore Info
480-335-4474

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