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26808 N 24th Ave
Phoenix, AZ 85085
Health Care Property For Sale
·
10 Beds


Executive Summary
Excellent investment opportunity! This Residential Assisted Living (RAL) property features **10 full bedrooms and 5 full bathrooms** and is currently leased through **March 2029**, providing immediate and predictable rental income. Current lease rate is **$8,500 per month ($102,000 annually)**. Offered at **$1,350,000**, providing an approximate **7.56% cap rate before owner-paid expenses**. Tenant is responsible for **all utilities and property maintenance**, making this an attractive low-management opportunity for a passive investor. Ideal for investors seeking stable cash flow with an established RAL operator already in place. Please do not disturb tenant. Buyer to verify all facts, figures, licensing, zoning, lease terms, and financial information.
Property Facts
| Price Per Bed | $185,976 CAD | Building Size | 3,784 SF |
| Sale Type | Investment | No. Beds | 10 |
| Cap Rate | 7.56% | No. Stories | 1 |
| Property Type | Health Care | Year Built/Renovated | 2005/2006 |
| Property Subtype | Assisted Living | Parking Ratio | 0.53/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | RI-8 | ||
| Price Per Bed | $185,976 CAD |
| Sale Type | Investment |
| Cap Rate | 7.56% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Lot Size | 0.20 AC |
| Building Size | 3,784 SF |
| No. Beds | 10 |
| No. Stories | 1 |
| Year Built/Renovated | 2005/2006 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | RI-8 |
Property Taxes
| Parcel Number | 210-19-614 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $57,071 CAD |
Property Taxes
Parcel Number
210-19-614
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$57,071 CAD
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