26808 N 24th Ave - Assisted Livings FOR SALE


Phoenix, AZ 85085- Deer Valley
$1,350,000 USD
602-373-9729
26808 N 24th Ave, Phoenix, AZ for Sale
$1,350,000 USD
Assisted Livings - FOR SALE
1/24
null | 7.56% Cap Rate

26808 N 24th Ave
Phoenix, AZ 85085
Deer Valley


OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

7.56%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,776 SF

ZONING

RI-8

APN/PARCEL ID

210-19-614

ASK ABOUT THIS PROPERTY

Luis EspinozaGILE Commercial Real EstateMore Info
602-373-9729

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Luis EspinozaGILE Commercial Real EstateMore Info
602-373-9729

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