2420 E JOHN CABOT Road, Phoenix, AZ 85032 (MLS# 6960329)

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

Overview

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.

Listing Details MLS# 6960329

Location, Tax & Legal

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
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

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
1830
# of Buildings
13
Year Built
1986
Zoning
R-6
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
13 Locations
Directions
See remarks

Legal Info

Township
4N
Range
3E
Section
35
Lot Number
34

Income Expenses

Net Operating Income
246000

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

Currently Not Used

Sold Price Per SqFt
2240.44

Construction

Block
Yes
Tilt-Up
Yes
Wood Frame
Yes

Roofing

Built-Up
Yes
Rolled
Yes
Other
Yes

Floors

Other
Yes

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
Yes
Other (See Remarks)
Yes

Business Type

Other
Yes
See Remarks
Yes

Pmt & Rate Info

Cap Rate
6
Equity
4100000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

See Remarks
Yes

Cooling

See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

None
Yes

Exterior

Other (See Remarks)
Yes

Source of Fincl Data

Owner
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

See Remarks
Yes

Electric

APS
Yes
SRP
Yes

Gas

City Gas
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Last Updated: January - 05 - 2026
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