2260 Brown Rd Mesa, AZ 85213

This exceptional 27-bed assisted living facility in Mesa, Arizona, presents a compelling investment opportunity. The single-story, 7,326 square foot building, completely renovated in 2021, boasts a modern design with block construction and fire suppression sprinklers. Situated on a 0.81-acre lot at 2260 E Brown Rd, the property enjoys excellent visibility and convenient access. The facility is fully ADA accessible, catering to residents with mobility limitations, and includes 19 on-site parking spaces. Currently operating at a 66% occupancy rate (19 of 27 beds), the center provides comprehensive services including 24-hour care, home-cooked meals, and a variety of daily activities. The property is zoned OC, City of Mesa, and features a strong NOI of $225,741, resulting in a 6.27% cap rate. Offered at $3,599,000 ($491.26/sq ft), this is a rare chance to acquire a well-established and profitable senior living center in a prime location. Built in 1974, the recent renovations ensure a comfortable and secure environment for residents. The property's strong financial performance and prime location make it an attractive investment for discerning buyers.