Description
Looking for an exceptional investment opportunity in the assisted living sector? Look no further than this beautiful Scottsdale 10 bed assisted living facility!
Boasting an impressive net operating income of $79,115.04, this facility is a proven moneymaker, with the owner earning a steady $7,000 per month in rental income.
The property features 10 spacious and comfortable bedrooms, providing a warm and inviting environment for its residents. The current leases are below market rates, providing the potential for significant income growth for the new owner. The current lease expires on 4/30/24.
The owner of the property covers the cost of insurance, home warranty, and property taxes, ensuring a hassle-free investment experience.
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The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the HomeSmart Terravita. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 1st June, 2023 8:49 PM (UTC)
Listing Office: W And Partners, LLC
