For Sale
$1,195,000

920 Tamarisk AvePhoenix, AZ 85041

Assisted Living Net Lease, 4,399 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • Assisted living facility investment opportunity.
  • Healthcare real estate investment.

Property Details for 920 Tamarisk Ave

Property type
Retirement homes, Assisted living facilities
Square Feet
4,399 SF
Year Built
2001
Buildings
1
Stories
1
Lot Size (sq. ft)
1,132,560,000 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4041466
Longitude
-112.0850367
920 Tamarisk Ave, Phoenix, Arizona

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920 Tamarisk Ave
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