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34312 N 26th Ave - North PHX Carefree Highway Assisted Living 3,296 SF Health Care Building Offered at $2,075,400 CAD at a 13.56% Cap Rate in Phoenix, AZ 85085
Investment Highlights
- Fully operational 10-bed assisted living facility with long-standing occupancy.
- Scenic desert and mountain views in a quiet residential setting.
- Close to medical services, shopping, and recreational amenities.
- Located near I-17 and Loop 303 for excellent regional connectivity.
- Established reputation with over 20 years of continuous service.
- Nearby healthcare providers, shopping, and dining support resident needs.
Executive Summary
Nestled in the serene and accessible North Phoenix/Carefree Highway corridor, this well-established 10-bed residential assisted living community has been a trusted home for over two decades. Fully occupied and deeply rooted in the neighborhood, the property offers residents the comfort of a quiet suburban setting with breathtaking desert and mountain views just minutes from key thoroughfares like the I-17 and Loop 303. Its long-standing presence reflects a solid reputation built on compassionate care, consistency, and a warm, home-like environment that families have relied on for years.
The community’s location strikes the perfect balance between peaceful retreat and convenient access to everyday amenities. Residents enjoy proximity to medical services, shopping, and recreational areas, while caregivers benefit from a supportive network of local healthcare professionals and services. With a proven operational history and full occupancy, this assisted living home represents both a cherished residence for its residents and a stable, enduring asset in the heart of North Phoenix’s growing residential landscape.
The community’s location strikes the perfect balance between peaceful retreat and convenient access to everyday amenities. Residents enjoy proximity to medical services, shopping, and recreational areas, while caregivers benefit from a supportive network of local healthcare professionals and services. With a proven operational history and full occupancy, this assisted living home represents both a cherished residence for its residents and a stable, enduring asset in the heart of North Phoenix’s growing residential landscape.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$830,160
|
$251.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$45,659
|
$13.85
|
| Effective Gross Income |
$784,501
|
$238.02
|
| Taxes |
$4,980
|
$1.51
|
| Operating Expenses |
$498,096
|
$151.12
|
| Total Expenses |
$503,076
|
$152.63
|
| Net Operating Income |
$281,426
|
$85.38
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $830,160 |
| Annual Per SF | $251.87 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $45,659 |
| Annual Per SF | $13.85 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $784,501 |
| Annual Per SF | $238.02 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,980 |
| Annual Per SF | $1.51 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $498,096 |
| Annual Per SF | $151.12 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $503,076 |
| Annual Per SF | $152.63 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $281,426 |
| Annual Per SF | $85.38 |
Property Facts
Amenities
- Wheelchair Accessible
About 34312 N 26TH AVE , PHOENIX, AZ 85085
34312 N 26th Avenue is a 3,296-square-foot healthcare property operated as a 10-bed assisted living facility in Phoenix, Arizona. The property is located within a residential neighborhood in the Carefree Highway corridor and has maintained an established assisted living operation for more than 20 years. The facility is situated near Interstate 17, Loop 303, healthcare providers, retail services, and recreational amenities.
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Somewhat walkable
30/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 204-01-219 | Total Assessment | $54,175 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $4,980 CAD ($1.51 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
204-01-219
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$54,175 CAD
Annual Taxes
$4,980 CAD ($1.51 CAD/SF)
Tax Year
2025
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34312 N 26th Ave - North PHX Carefree Highway Assisted Living
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