2420 E JOHN CABOT Road, Phoenix, AZ 85032
$4,100,000
Property Type: Comm/Industry Sale Square Footage: 1,830 Lot Size (sq. ft.): 9,338 Status: Active
Current Price: $4,100,000 List Date: 12/22/2025 Last Modified: 1/05/2026
Description
The subject portfolio consists of thirteen group home facilities across Phoenix, Glendale, Peoria, and Tempe. The homes have been operated as BHRF's (Behavioral Health Residential Facilities) for over 30 years through AllThrive365 (nonprofit), formerly known as Foundation for Senior Living (with over 50 years of operational history). The portfolio / sale is subject to a 10- year leaseback, providing an investor with a great passive income investment opportunity.
More Information MLS# 6960329
Contract Info
Ownership: Fee Simple Current Price: $4,100,000 List Price: $4,100,000 Status: Active List Date: 2025-12-22
Location, Tax & Legal
Assessor's Map #: 6 Legal Description (Abbrev): LOT 34 PEPPER RIDGE MCR Assessor's Parcel #: 38 Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 619500 Taxes: 0 Legal: LOT 34 PEPPER RIDGE MCR House Number: 2420 Compass: E Street Name: JOHN CABOT St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85032 Zip4: 1036 County Code: Maricopa Subdivision: PEPPER RIDGE Assessor Number: 214-06-038 Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 1830 # of Buildings: 13 Uncvrd Parking Spcs: 0 Year Built: 1986 Zoning: R-6
Currently Not Used
Sold Price Per SqFt: 2240.44
Legal Info
Range: 3E Section: 35 Township: 4N Lot Number: 34
Construction
Block: 1 Tilt-Up: 1 Wood Frame: 1
Roofing
Built-Up: 1 Rolled: 1 Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Building Type
Commercial: 1 Other (See Remarks): 1
Business Type
Other: 1 See Remarks: 1
Pmt & Rate Info
Cap Rate: 6 Equity: 4100000 Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
See Remarks: 1
Cooling
See Remarks: 1
Interior Features
Other (See Remarks): 1
Loading Facilities
None: 1
Exterior
Other (See Remarks): 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
See Remarks: 1
Electric
APS: 1 SRP: 1
Gas
City Gas: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: 13 Locations Directions: See remarks Geo Lat: 33.649474 Geo Lon: -112.029886
Income Expenses
Net Operating Income: 246000
Property Features
Building Type: Commercial; Other (See Remarks) Business Type: Other; See Remarks Construction: Block; Tilt-Up; Wood Frame Roofing: Built-Up; Rolled; Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: See Remarks Cooling: See Remarks Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: None Parking Features: See Remarks Electric: APS; SRP Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear Environmental: None
Listing Office: R.O.I. Properties
Last Updated: January - 05 - 2026
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