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2932 N 14th St
Phoenix, AZ 85014
The Lodge at 14th Street · Health Care Property For Sale
·
110 Beds
Investment Highlights
- Attractive 8.61% Cap Rate on new 5-year lease
- 55 private rooms plus 8 group/multi-use rooms.
- Proven Operator with over 20 year experience
- Opportunity to acquire a stabilized asset at below replacement cost
- Commercial kitchen, laundry, dining facilities and indoor and outdoor recreation areas
- Strategic location in Midtown Phoenix near SR-51 and I-10.
Executive Summary
This offering presents a rare opportunity to acquire a stabilized investment at a 8.61% cap rate, backed by a five-year lease with a well established nonprofit tenant. The 501(c)(3) organization, founded in 2003, provides transitional housing services and brings a strong community presence to the property. The facility is purpose, built with private group rooms, commercial, kitchen and dining, recreational areas, and laundry facilities, supporting long-term healthcare or housing uses. Located in Midtown Phoenix, the property benefits from excellent access to SR-51 and I-10 and it is surrounded by a robust network of medical and professional services.
Property Facts
Room Mix Information
| Description | No. Beds |
|---|---|
| Transitional Housing | 110 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $9,821 CAD | Total Assessment | $287,847 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$9,821 CAD
Improvements Assessment
$0 CAD
Total Assessment
$287,847 CAD
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