42120 N Mountain Cove Dr 4,561 SF Health Care Building Offered at $4,755,695 CAD at a 13.89% Cap Rate in Anthem, AZ 85086

This fully stabilized 10-bed residential assisted living property in Anthem, Arizona presents a compelling opportunity to acquire a cash-flowing asset with immediate and consistent income. The property is currently operating at 100% occupancy and generating approximately $75,000 per month in gross revenue, reflecting both strong demand and proven operational performance. The business is structured at an optimal residential scale, allowing for efficient staffing, controlled operating expenses, and attractive margins while maintaining a high standard of care and service.
Situated in the highly desirable Anthem submarket, the property benefits from favorable demographic trends, including a growing senior population and limited supply of comparable residential assisted living homes. Demand for smaller, high-touch care environments continues to outpace available inventory, supporting long-term occupancy stability and resilience through market cycles. The asset’s established operating history further reinforces its position as a reliable, income-producing investment with minimal stabilization risk.
In addition to strong local fundamentals, the property is strategically positioned within the broader North Phoenix growth corridor, which is being significantly influenced by the expansion of TSMC Arizona Corporation’s multi-billion-dollar semiconductor facilities. This development is driving substantial job creation, population growth, and increased economic activity throughout the region. As a result, surrounding residential and service-based assets are benefiting from rising demand, enhanced economic stability, and long-term appreciation potential.
With its demonstrated financial performance, prime location, and exposure to one of the most significant economic catalysts in the Southwest, this property is well positioned to deliver both immediate cash flow and future upside. Opportunities exist to further enhance revenue through thoughtful rate adjustments or incremental operational efficiencies, making this an attractive investment for buyers seeking stable income with additional growth potential.