000 E assisted living ln, Scottsdale, AZ 85253 (MLS# 6049408)

000 E assisted living ln, Scottsdale, AZ 85253

$4,000,000
Property Type: Business Opportunity Square Footage: 10,285 Lot Size (sq. ft.): 32,666 Status: Closed
Current Price: $4,000,000 Last Modified: 2/17/2025

Overview

Description

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, quality class A single family homes. Each home licensed for 10 residence. Gross income for 2019 was over $1,200,000. Please call/txt listing agent for more info.

Listing Details MLS# 6049408

Location

Map Code/Grid
J30
House Number
000
Compass
E
Street Name
assisted living ln
St Suffix
--
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85253
County Code
Maricopa
Assessor Number
000-00-000

General Property Description

Ttl Apx SqFt Bldg
10285
Uncvrd Parking Spcs
12

Status Change Info

Off Market Date
2021-08-04
Under Contract Date
2021-01-27
Close of Escrow Date
2021-08-04

Sold Info

Loan Type
Cash
Payment Type
Fixed
Closing Cost Split
Buyer - B
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

More Information

Income & Expenses

Annual Gross Sales
1200000
Owners Draw Included
No
Annual Owners Salary
180000
Annual Mngr Salary
0
Anl Int (Non-RelEst)
0
Annual Depreciation
0
Annual Fringes
0
Adjusted Net Income
0
Apx Value of Cash
0

Business Type

Professional Service
Yes

Pmt & Rate Info

Down Payment
0
Equity
4050000
Down Payment %
0
Total Owed
0

Showing Notification Methods

Text
Yes

Lockbox Type

None
Yes

Type of Lease

None
Yes

Form of Ownership

Limited Liability Co
Yes

Sale Price Includes

Goodwill
Yes
Equipment
Yes
Inventory
Yes
Real Estate
Yes
License(s)
Yes
Mgmt Consult Agrmt
Yes
Other - See Remarks
Yes

Lease Information

None
Yes

Hours of Operation

Other - See Remarks
Yes

Business Age

10+ Years
Yes

Heating

Electric
Yes

Current Ownership

10+ Years
Yes

Cooling

Heat Pump
Yes

Expenses Include

Utilities
Yes
Insurance
Yes
Advertising
Yes
Accounting
Yes
Legal
Yes
Supplies
Yes
Taxes - Real Estate
Yes
Taxes - Payroll
Yes
Taxes - Rental
Yes
Licenses
Yes
Repairs
Yes
Payroll
Yes
Telephone
Yes
Other
Yes
See Remarks
Yes

Business/Tenant Pays

None
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Parking Structure
Yes
Private
Yes

Electric

APS
Yes
SRP
Yes

Gas

SW Gas
Yes

New Financing

Other (See Remarks)
Yes

Current Financing 1

Treat as Free & Clr
Yes

Current Financing 2

Treat as Free & Clr
Yes

Current Financing 3

Treat as Free & Clr
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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: 10+ Years Current Ownership: 10+ Years Expenses Include: Utilities; Insurance; Advertising; Accounting; Legal; Supplies; Taxes - Real Estate; Taxes - Payroll; Taxes - Rental; Licenses; Repairs; Payroll; Telephone; Other; See Remarks Source of Fincl Data: Owner Parking Features: Parking Structure; Private Electric: APS; SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public Cooling: Heat Pump Showing Notification Methods: Text Lockbox Type: None Current Financing 1: Treat as Free & Clr Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Other (See Remarks) Environmental: None
Listing Office: eXp Realty
IDX
Last Updated: February - 17 - 2025
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