For Sale
$28,000,000

6505 La Cholla BlvdTucson, AZ 85741

Luxury Senior Living Facility, 123 Beds

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 10.09-acre property in Tucson, Arizona, presents a lucrative investment opportunity in the thriving senior living market. The BridgeWater Assisted Living facility boasts 50,220 square feet, encompassing five buildings, and currently operates at 88% occupancy. The property features 108 units with a total of 123 licensed beds, all permitted for Directed Care (Memory Care), offering flexibility to operate as Assisted Living, Memory Care, or a combination. Built in 2007, the facility includes full commercial kitchens and dining rooms in each villa, along with amenities such as exercise and wellness centers, a beauty salon, activity and media rooms, computer stations, scenic paths, housekeeping, laundry service, chauffeured transportation, and an emergency call response system. The property is zoned CB Commercial Business, allowing for behavior health facilities. A significant advantage is a 1.5-acre lot already entitled for an additional 55 independent living units

Highlights

  • 10.09-acre site in Tucson, AZ, with a 50,220 SF, 108-unit assisted living facility.
  • Currently operating at 88% occupancy with 123 licensed beds.
  • Five buildings with full commercial kitchens and dining rooms in each villa.
  • On-site amenities include exercise and wellness centers, a beauty salon, activity and media rooms, and computer stations.
  • Additional amenities include scenic paths, housekeeping, laundry service, chauffeured transportation, and an emergency call system.
  • Zoned CB Commercial Business, allowing for behavioral health facilities.

Property Details for 6505 La Cholla Blvd

Property type
Retirement homes, Assisted living facilities
Square Feet
50,220 SF
Class
A
Year Built
2007
Buildings
5
Stories
1
Lot Size (sq. ft)
439,520 SF
Units
108

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3252506
Longitude
-111.0126156
6505 La Cholla Blvd, Tucson, Arizona

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6505 La Cholla Blvd
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