350 Alma School RdChandler, AZ 85224

Property Details for 350 Alma School Rd

Year built

2007

Construction

STEEL FRAME

Lot size

3.44 AC

Property size (Sq ft)

83,740 SF

Zone code

PAD

Property type

Healthcare properties

Property subtype

Assisted living facilities

APN

303-23-005G

APU

30323005G

Description

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

• CAP approach

  CAP return

  Valuation

  6%

  $12,737,320

  6.5%

  $11,757,526

  7%

  $10,917,703

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,844,799

  Geo Method

  $14,844,799

• Alternative Use

  Use

  Valuation

  Residential

  $14,914,918

  Hospitality

  $13,661,985

  Educational

  $11,366,611

  Medical

  $11,757,526

  Retail

  $17,681,396

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.2981

Longitude

-111.86

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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