For Sale
$222,400,000

350 Alma School RdChandler, AZ 85224

834 Units, 7% Cap Rate, Arizona & Colorado

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a portfolio of seven senior living apartment buildings totaling 834 units, strategically located across Arizona and Colorado. The portfolio boasts a 7.00% capitalization rate and 100% occupancy, demonstrating strong, stable returns. Buildings were constructed between 2003 and 2024, offering a mix of established and newer properties. The portfolio encompasses a wide range of lot sizes, from 1.48 to 24.03 acres, and a total square footage ranging from 50,220 to 166,600 square feet. Individual property locations include Chandler, Phoenix, Avondale, and Peoria, Arizona

Highlights

  • Sale-leaseback opportunity with flexible terms.
  • NNN lease proposed for 20 years, with two 5-year options.
  • High-quality institutional investment.
  • Offers long-term, stable returns.

Property Details for 350 Alma School Rd

Property type
Retirement homes, Apartment buildings
Square Feet
50,220 SF
Lot Size (sq. ft)
64,469 SF
Units
834

Location Insight

City
Chandler
County
Maricopa
State
Arizona
Latitude
33.2981949
Longitude
-111.8598378
350 Alma School Rd, Chandler, Arizona

FAQs

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350 Alma School Rd
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