5740 Shea BlvdScottsdale, AZ 85254

This exceptional, newly constructed (2025) Class A assisted living facility in Scottsdale, Arizona presents a compelling owner-user investment opportunity. The 5,000 square foot property, situated on one acre, boasts 11 private bedrooms, each with an en-suite bathroom and private courtyard. Additional amenities include a live-in caregiver suite, office, salon, laundry room, spacious living room, gourmet kitchen, formal dining area, multiple common seating areas, beautifully maintained gardens, a walking path, and a tranquil patio. The property enjoys a prime location near upscale shopping, dining, and healthcare facilities, and offers stunning mountain views. Currently licensed for 10 residents through the Arizona Department of Health Services (AZDHS), there's a potential value-add opportunity to expand to 16 bedrooms. The property features a strong pro-forma NOI of $476,000, resulting in a 14% cap rate. The asking price is $3,400,000, with a price per square foot of $680 and a price per bed of approximately $309,091. This represents a rare chance to acquire a high-performing asset in a highly desirable market. The property is fee simple ownership and is zoned residential.