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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
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

Property Taxes

Parcel Number
210-19-614
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$57,071 CAD
  • Listing ID: 42080381

  • Date on Market: 2026-09-07

  • Last Updated:

  • Address: 26808 N 24th Ave, Phoenix, AZ 85085

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