5926 E Wilshire Dr - Health Care FOR SALE


Scottsdale, AZ 85257
$3,700,000 USD
480-766-2973
5926 E Wilshire Dr, Scottsdale, AZ for Sale
$3,700,000 USD
Health Care - FOR SALE
1/52
null | 9.73% Cap Rate

NEW


5926 E Wilshire Dr
Scottsdale, AZ 85257


HIGHLIGHTS

  • Prime Arcadia Scottsdale location near Old Town and Biltmore
  • Fully renovated in 2019 with luxury finishes and ADA compliance
  • Licensed for 10 residents; 11 private bedrooms with ensuite baths
  • Chef’s kitchen, formal dining, and dedicated caregiver suite
  • Unique RV hookups for caregiver housing or family stays

OVERVIEW

This is a rare opportunity to acquire a fully stabilized, luxury assisted living estate in the prestigious Arcadia Scottsdale corridor—one of Arizona’s most desirable senior care markets. The property spans 7,361 square feet and features 11 private bedrooms and 10 bathrooms, all thoughtfully designed to balance high-end hospitality aesthetics with clinical functionality. Renovated in 2019, the residence offers modern finishes, ADA-compliant layouts, and abundant natural light throughout. Strategically located between Downtown Scottsdale, Arcadia Proper, the Biltmore District, and Downtown Phoenix, residents and staff enjoy unmatched convenience. The property is just 10 minutes from Phoenix Sky Harbor International Airport, five minutes from Old Town Scottsdale’s dining and cultural attractions, and surrounded by top-tier hospitals and wellness facilities. This prime positioning ensures strong demand and premium rental rates. Amenities include a chef’s kitchen, formal dining areas, spacious social lounges, an on-site salon, therapy spaces, and serene outdoor courtyards. A dedicated caregiver suite and administrative office enhance operational efficiency, while RV hookups provide a unique value-add opportunity for live-in staff or extended family stays—unlocking additional revenue streams and market differentiation. With only six assisted living homes in Scottsdale exceeding 7,000 square feet, this asset stands as a trophy-class investment offering long-term stability and recession resilience. Fully occupied and generating a strong NOI with significant proforma upside, this property is ideal for owner/operators or investors seeking a premier foothold in Arizona’s thriving senior housing sector.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$503 USD /SF

CAP RATE

9.73%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5296 E Wilshire Dr, Scottsdale - Arizona

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-1

APN/PARCEL ID

129-22-117

ASK ABOUT THIS PROPERTY

Jake CrawfordCrawford Commercial, powered by EXP RealtyMore Info
480-766-2973

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Jake CrawfordCrawford Commercial, powered by EXP RealtyMore Info
480-766-2973

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