000 E South Arcadia Assisted Living Lane, Phoenix, AZ 85008
$3,700,000
Property Type: Business Opportunity Square Footage: 8,000 Status: Closed
Current Price: $3,700,000 Last Modified: 10/14/2021
Description
Rare opportunity to own a beautiful Class A new construction luxury 20 bedroom assisted living portfolio consisting of 2 10 bedroom homes in South Arcadia! Gross income over $80,000/mo. Each home is licensed for 10 residence. Please call/txt listing agent for more info.
More Information MLS# 6190073
General Property Description
Ttl Apx SqFt Bldg: 8000 Uncvrd Parking Spcs: 8
Income & Expenses
Annual Gross Sales: 480000 Owners Draw Included: No Annual Owners Salary: 0 Annual Mngr Salary: 24000 Anl Int (Non-RelEst): 0 Annual Depreciation: 10000 Annual Fringes: 0 Adjusted Net Income: 180000 Apx Value of Cash: 0
Business Type
Professional Service: 1
Pmt & Rate Info
Equity: 3790000 Down Payment %: 10 Total Owed: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Type of Lease
None: 1
Form of Ownership
Limited Liability Co: 1
Sale Price Includes
Goodwill: 1 Equipment: 1 Inventory: 1 Real Estate: 1 License(s): 1 Mgmt Consult Agrmt: 1 Other - See Remarks: 1
Lease Information
None: 1
Hours of Operation
Other - See Remarks: 1
Business Age
Less Than 1 Year: 1
Heating
Electric: 1
Current Ownership
Less Than 1 Year: 1
Cooling
Heat Pump: 1
Business Location
Corner Lot: 1 Free Standing Bldg: 1
Training
1 Month: 1
Expenses Include
Utilities: 1 Insurance: 1 Advertising: 1 Accounting: 1 Supplies: 1 Taxes - Real Estate: 1 Taxes - Payroll: 1 Licenses: 1 Repairs: 1 Payroll: 1 Telephone: 1
Business/Tenant Pays
Gas: 1 Electricity: 1 Exterior Repair: 1 Water: 1 Sewer: 1 Trash: 1 Capital Improvements: 1 Common Area Maint: 1 Fire Ins - Building: 1 Liability Insurance: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1 Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1 Private: 1 Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash: 1 Conventional: 1 SBA: 1
Current Financing 1
Treat as Free & Clr: 1
Current Financing 2
Treat as Free & Clr: 1
Current Financing 3
Treat as Free & Clr: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: SBA Loan Years: 25 Closing Cost Split: Normal - N Payment Type: Adjustable Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Contract Info
Current Price: $3,700,000 Sold Price: $3,700,000 Status: Closed List Date: 2021-02-04
Location
Map Code/Grid: P36 House Number: 000 Compass: E Street Name: South Arcadia Assisted Living St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 County Code: Maricopa Assessor Number: 000-00-000
Remarks Misc
Geo Lat: 33.490369 Geo Lon: -111.955509
Status Change Info
Off Market Date: 2021-08-10 Under Contract Date: 2021-08-01 Close of Escrow Date: 2021-08-10 Sold Price: $3,700,000
Income Expenses
Net Operating Income: 180000
Property Features
Business Type: Professional Service Form of Ownership: Limited Liability Co Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Mgmt Consult Agrmt; Other - See Remarks Lease Information: None Hours of Operation: Other - See Remarks Type of Lease: None Business Age: Less Than 1 Year Current Ownership: Less Than 1 Year Business Location: Corner Lot; Free Standing Bldg Training: 1 Month Expenses Include: Utilities; Insurance; Advertising; Accounting; Supplies; Taxes - Real Estate; Taxes - Payroll; Licenses; Repairs; Payroll; Telephone Source of Fincl Data: Owner; Projected Proforma Parking Features: Free; Private; Paved Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public Cooling: Heat Pump Showing Notification Methods: Text Lockbox Type: None Road Surface Type: Concrete Current Financing 1: Treat as Free & Clr Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Cash; Conventional; SBA Environmental: None
Listing Office: eXp Realty
Last Updated: October - 14 - 2021
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