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Executive Summary

Located in a well-established North Phoenix neighborhood, this value-add / redevelopment opportunity offers strong potential for behavioral health, assisted living, or similar residential care use. The property is not currently operational, providing a blank canvas for upgrades, reconfiguration, and repositioning by a qualified operator or investor. Licensed for residential assisted living and pending license for behavioral health, making this a compelling option for behavioral health and assisted living operators, as well as value-add investors/owner-users pursuing a healthcare conversion.
All financials are pro forma estimates and projected only, and the property has no current operating income. Actual performance may vary and is dependent on licensing, operator execution, program model, and final use. Buyers should complete independent due diligence regarding licensing feasibility, renovation scope, and operational assumptions.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $745,848 $288.19
Other Income - -
Vacancy Loss $37,292 $14.41
Effective Gross Income $708,556 $273.78
Taxes $3,247 $1.25
Operating Expenses $497,232 $192.13
Total Expenses $500,479 $193.38
Net Operating Income $208,076 $80.40

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $745,848
Annual Per SF $288.19
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $37,292
Annual Per SF $14.41
Effective Gross Income (CAD)
Annual $708,556
Annual Per SF $273.78
Taxes (CAD)
Annual $3,247
Annual Per SF $1.25
Operating Expenses (CAD)
Annual $497,232
Annual Per SF $192.13
Total Expenses (CAD)
Annual $500,479
Annual Per SF $193.38
Net Operating Income (CAD)
Annual $208,076
Annual Per SF $80.40

Property Facts

Price $1,933,680 CAD
Price Per Bed $193,368 CAD
Sale Type Investment or Owner User
Cap Rate 10.76%
Sale Condition Business Value Included
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Centre
Building Class B
Lot Size 0.23 AC
Building Size 2,588 SF
No. Beds 10
No. Stories 1
Year Built 1980
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
214-19-172
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$45,140 CAD (2025)
Annual Taxes
$3,247 CAD ($1.25 CAD/SF)
Tax Year
2026
  • Listing ID: 39308991

  • Date on Market: 2026-02-03

  • Last Updated:

  • Address: 15801 N 19th Pl, Phoenix, AZ 85022

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