920 Tamarisk Ave Phoenix, AZ 85041

Exceptional investment opportunity: a 4,399 square foot assisted living facility in Phoenix, Arizona, is available for $1,195,000. Built in 2001, this single-story building sits on a substantial 26,000 square foot lot (approximately 6 acres), providing ample parking. The property currently features six oversized bedrooms and four bathrooms, a community living room, and a gourmet kitchen with an open floor plan. The existing structure offers wide hallways and walk-in showers, making it well-suited for conversion into an ADA-compliant facility. The seller is open to negotiating upgrades to complete this transformation at the asking price. Note that the property's current zoning (R1) requires rezoning by the buyer. Outdoor living space is abundant, with a 2,240 square foot covered patio and a 1,325 square foot concrete slab in the backyard, ideal for events. This net lease property presents a strong potential for return on investment in the growing senior care market. The property's location in Phoenix, Maricopa County, AZ 85041, offers convenient access to amenities and services. The APN is 105-57-009-A. The sale is a fee simple ownership.