42120 N Mountain Cove Dr - Assisted Livings FOR SALE


Anthem, AZ 85086
$3,500,000 USD
480-335-4474
42120 N Mountain Cove Dr, Anthem, AZ for Sale
$3,500,000 USD
Assisted Livings - FOR SALE
1/13
null | 13.89% Cap Rate

42120 N Mountain Cove Dr
Anthem, AZ 85086


HIGHLIGHTS

  • A+ Country Club Location
  • 10 private bedrooms

OVERVIEW

This fully stabilized 10-bed residential assisted living property in Anthem, Arizona presents a compelling opportunity to acquire a cash-flowing asset with immediate and consistent income. The property is currently operating at 100% occupancy and generating approximately $75,000 per month in gross revenue, reflecting both strong demand and proven operational performance. The business is structured at an optimal residential scale, allowing for efficient staffing, controlled operating expenses, and attractive margins while maintaining a high standard of care and service. Situated in the highly desirable Anthem submarket, the property benefits from favorable demographic trends, including a growing senior population and limited supply of comparable residential assisted living homes. Demand for smaller, high-touch care environments continues to outpace available inventory, supporting long-term occupancy stability and resilience through market cycles. The asset’s established operating history further reinforces its position as a reliable, income-producing investment with minimal stabilization risk. In addition to strong local fundamentals, the property is strategically positioned within the broader North Phoenix growth corridor, which is being significantly influenced by the expansion of TSMC Arizona Corporation’s multi-billion-dollar semiconductor facilities. This development is driving substantial job creation, population growth, and increased economic activity throughout the region. As a result, surrounding residential and service-based assets are benefiting from rising demand, enhanced economic stability, and long-term appreciation potential. With its demonstrated financial performance, prime location, and exposure to one of the most significant economic catalysts in the Southwest, this property is well positioned to deliver both immediate cash flow and future upside. Opportunities exist to further enhance revenue through thoughtful rate adjustments or incremental operational efficiencies, making this an attractive investment for buyers seeking stable income with additional growth potential.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$767 USD /SF

CAP RATE

13.89%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

211-22-472

ASK ABOUT THIS PROPERTY

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480-335-4474

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Cayden PiroCrawford Commercial, powered by EXP RealtyMore Info
480-335-4474

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