$5,600,000
Scottsdale, AZ 85253
MLS# 6382396
Status: Closed
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Property Description
Rare opportunity to own 20 unit assisted living portfolio in North Scottsdale & Central Phoenix! Priced to sell below replacement cost. The portfolio consists of 2 fully remodeled/new construction, quality class A single family homes. Each home licensed for 10 residents. Gross income currently over $105k/mo!
Details
General Property Description
Ttl Apx SqFt Bldg: 11189
Uncvrd Parking Spcs: 12
Income & Expenses
Annual Gross Sales: 1650000
Owners Draw Included: No
Annual Owners Salary: 0
Annual Mngr Salary: 0
Anl Int (Non-RelEst): 0
Annual Depreciation: 0
Annual Fringes: 0
Adjusted Net Income: 0
Apx Value of Cash: 0
Business Type
Professional Service: 1
Pmt & Rate Info
Down Payment: 0
Equity: 5750000
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Type of Lease
None: 1
Form of Ownership
Limited Liability Co: 1
Sale Price Includes
Goodwill: 1
Equipment: 1
Inventory: 1
Real Estate: 1
License(s): 1
Mgmt Consult Agrmt: 1
Other - See Remarks: 1
Lease Information
None: 1
Hours of Operation
Other - See Remarks: 1
Business Age
10+ Years: 1
Heating
Electric: 1
Current Ownership
10+ Years: 1
Cooling
Heat Pump: 1
Expenses Include
Utilities: 1
Insurance: 1
Advertising: 1
Accounting: 1
Legal: 1
Supplies: 1
Taxes - Real Estate: 1
Taxes - Payroll: 1
Taxes - Rental: 1
Licenses: 1
Repairs: 1
Payroll: 1
Telephone: 1
Other: 1
See Remarks: 1
Business/Tenant Pays
None: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Structure: 1
Private: 1
Electric
APS: 1
SRP: 1
Gas
SW Gas: 1
New Financing
Other (See Remarks): 1
Current Financing 1
Treat as Free & Clr: 1
Current Financing 2
Treat as Free & Clr: 1
Current Financing 3
Treat as Free & Clr: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Contract Info
Current Price: $5,600,000
Sold Price: $5,600,000
Status: Closed
List Date: 2022-04-12
Location
Map Code/Grid: J30
House Number: 000
Compass: E
Street Name: Scottsdale & Central Phx AL
St Suffix: --
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85253
County Code: Maricopa
Assessor Number: 000-00-000
Remarks Misc
Geo Lat: 33.434748
Geo Lon: -112.010764
Status Change Info
Off Market Date: 2023-03-21
Under Contract Date: 2023-01-01
Close of Escrow Date: 2023-02-24
Sold Price: $5,600,000
Property Features
Business Type: Professional Service
Form of Ownership: Limited Liability Co
Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Mgmt Consult Agrmt; Other - See Remarks
Lease Information: None
Hours of Operation: Other - See Remarks
Type of Lease: None
Business Age: 10+ Years
Current Ownership: 10+ Years
Expenses Include: Utilities; Insurance; Advertising; Accounting; Legal; Supplies; Taxes - Real Estate; Taxes - Payroll; Taxes - Rental; Licenses; Repairs; Payroll; Telephone; Other; See Remarks
Source of Fincl Data: Owner
Parking Features: Parking Structure; Private
Electric: APS; SRP
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
Cooling: Heat Pump
Showing Notification Methods: Text
Lockbox Type: None
Current Financing 1: Treat as Free & Clr
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Other (See Remarks)
Environmental: None
Listing Office: eXp Realty
Last Updated: April - 10 - 2025
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