6505 La Cholla BlvdTucson, AZ 85741

  • Land
  • 0.53 AC
For Sale
$28,000,000 View listing

Property Details for 6505 La Cholla Blvd

Lot size
0.53 AC
Property type
Land
Property subtype
Commercial land
APN
101-01-6140
APU
101016140

Description

This exceptional 10.09-acre property in Tucson, Arizona, presents a lucrative investment opportunity in the thriving senior living market. The BridgeWater Assisted Living facility boasts 50,220 square feet, encompassing five buildings, and currently operates at 88% occupancy. The property features 108 units with a total of 123 licensed beds, all permitted for Directed Care (Memory Care), offering flexibility to operate as Assisted Living, Memory Care, or a combination. Built in 2007, the facility includes full commercial kitchens and dining rooms in each villa, along with amenities such as exercise and wellness centers, a beauty salon, activity and media rooms, computer stations, scenic paths, housekeeping, laundry service, chauffeured transportation, and an emergency call response system. The property is zoned CB Commercial Business, allowing for behavior health facilities. A significant advantage is a 1.5-acre lot already entitled for an additional 55 independent living units

6505 La Cholla Blvd, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3254
Longitude
-111.013
CBSA code
46060
CBSA name
TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,270
$35,646
-
$35,646
-
$237,640
-
$237,640

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