About The Property

7.50% Cap Rate on Stabilized Assisted Living Investment Proven 3-Year Operator Just Renewed for 5 More Years $61,883 NOI Operating Income $67,200 Gross Annual Income with Escalations Through 2030 NN Lease Structure - Owner Pays Only Taxes, Insurance & $50 HOA Tenant Paid January, February & March 2026 Built-In Rent Increases Locked Through 2030 Low Expense Ratio - Strong Yield Profile Growing Goodyear Senior Housing Demand EXECUTIVE SUMMARY 7.50% Cap Rate NN Leased Residential Investment 5-Year Lease This offering consists of a single-family residence leased to an established care operator under a long-term lease structure. The property is being offered as aRead MoreRead Less
Courtesy of Gerchick Real Estate 602-688-9279
Listing Snapshot
Days Online
106
Last Updated
Property Type
Multiple Dwellings
Year Built
2005
MLS Number
6967518
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
"Built-In Range", "Disposal", "Dishwasher", "Refrigerator", "Microwave", "W/D Hookup"
Building
Built in 2005, Construction materials: "Wood Frame", "Painted", "Stucco", 6 total units
Cooling
"Ceiling Fan(s)", "Heat Pump"
Expenses
Insurance: $2,793
Exterior Features
"Sidewalk(s)"
Floors
"Ceramic Tile", "Vinyl"
Heating
"Individual", "Heat Pump"
Parking
"Attached Garage", "Paved", "Garage Door Opener", 2 total parkings
Property
Zoning: residential
Roof
"Tile"
Security Features
"Security Light(s)"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,924, Lot: 393
Utilities
"APS", "Master Meter"
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30 Days Snapshot Of 85338
$483k
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