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Executive Summary

Assisted living investment opportunity in Mesa, Arizona, within the high-growth Phoenix MSA, where demand for senior housing continues to rise alongside an aging population. The property benefits from a strong revenue profile. Located within an established residential area with convenient access to nearby amenities and healthcare providers, the property is well-positioned to capture ongoing demand. Overall, this offers investors a stabilized, income-producing asset in a high-growth market, combining reliable cash flow with opportunities to enhance NOI through operational improvements and strategic rate increases.

Property Facts

Price $5,027,449 CAD
Price Per Bed $502,745 CAD
Sale Type Investment or Owner User
Cap Rate 15.73%
Property Type Health Care
Building Size 6,627 SF
No. Beds 10
No. Stories 2
Year Built/Renovated 1957/1972
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
60/100
  • Listing ID: 40393896

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 1625 N Cherry Cir, Mesa, AZ 85201

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