This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Health Care Property is no longer advertised on LoopNet.co.uk.

8765 E Avalon Dr
Scottsdale, AZ 85251
Scottsdale Assisted Living Portfolio · Health Care Property For Sale · 33 Beds

INVESTMENT HIGHLIGHTS

  • A+ Scottsdale location
  • Business has phenomenal long standing reputation
  • Class A asset for high cap rate
  • Low supply of class A product in immediate area, high demand for class A product, Scottsdale zoning limits future supply

PROPERTY FACTS

Property Type Health Care
Property Subtype
Extra Care Housing
  • Healthcare - Sheltered Housing
  • Healthcare - Rehabilitation Centre
  • Nursing Home
Total Plot Size 0.77 ac
Property Size 10,285 sq ft
No. Beds 33
No. Floors 1
Year Built/Renovated 1970/2019
Parking Allocation 0.97/1,000 sq ft
Use Class Residential - Residential with Scottsdale Assisted Living use permit

ABOUT 8765 E AVALON DR , SCOTTSDALE, AZ 85251

Rare opportunity to own 30 unit assisted living portfolio in the heart of Scottsdale! Priced to sell below replacement cost. The portfolio consists of 3 fully remodeled/new construction, class A single family homes. Each home licensed for 10 residence. Gross income for 2019 was over $1,200,000 while properties were being stabilized. Current economic occupancy is 100% with upside as rental rates are rising. See attached OM for pictures and info, call/txt listing agent anytime for more info or to schedule private tour.

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
En suite private bedroom 30
  • Listing ID: 19366049

  • Date on Market: 28/04/2020

  • Last Updated:

  • Address: 8765 E Avalon Dr, Scottsdale, AZ 85251

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}