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11074 W Tonto St 3,000 SF Health Care Building Offered at $895,000 at a 10.08% Cap Rate in Avondale, AZ 85323

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INVESTMENT HIGHLIGHTS

  • Home has potential to gross $30,000-$40,000/mo
  • Custom floor plan including 9 bedrooms and 3 ADA bathrooms for residents plus one bonus room for the caregiver.
  • Home is brand new and was just licensed with all construction and work certified and all inspections passed with the City of Avondale zoning.

EXECUTIVE SUMMARY

Phoenix / Avondale | 2024 Custom Build | 10-Resident Capacity | 9 Bedrooms | 3 ADA Roll In Bathrooms | Bonus Caregiver Room/Office |
Experience a rare opportunity to own a newly built, fully licensed assisted living home (OR Behavioral) that blends luxury design, comfort, and exceptional investment potential. This property delivers high-end living for residents and strong, stable returns for investors. With every detail crafted for safety, elegance, and operational efficiency, this home is truly turnkey and ready to operate immediately.
Completed in 2025 and customized for assisted living, the home features more than 3,000 sq. ft. of living space. Residents benefit from nine spacious bedrooms, five large enough for double occupancy plus four additional private bedrooms, and three ADA-compliant bathrooms. A dedicated caregiver or office adds convenience and helps ensure attentive care is always available. Professional craftsmanship, elevated finishes, and an open-flow layout create a warm, inviting, and premium living environment.
The home holds an active AZDHS Assisted Living License for up to 10 residents, R-4 zoning and a City of Avondale Certificate of Occupancy in hand. It is equipped with a brand-new fire sprinkler system and underwent all construction and upgrades through licensed contractors. With approvals complete and no further work required, this property eliminates the usual delays, costs, and uncertainty associated with starting or expanding an assisted living business.
For investors, the financial upside is substantial. Assisted living remains one of Arizona’s strongest and most resilient markets, with consistent demand across Phoenix. With typical revenue ranging from $3,000–$4,500+ per resident per month, this home can generate $30,000–$45,000+ in gross monthly income at full occupancy. For passive investors, the property was previously rented to an operator for $8,500 per month, presenting a stable, hands-off return. For owner-operators, the potential for higher margins is significant, offering both income and control over care quality.
What truly sets this property apart is its warm and inviting floor plan and brand new modern living. Like many luxury assisted living homes, this residence emphasizes comfort, privacy, and a residential ambiance over an institutional one. The home’s elevated design, wide hallways, accessible layout, and oversized private rooms create an environment that residents and families deeply appreciate. This level of comfort and attention to detail gives operators a competitive advantage in attracting and retaining long-term residents seeking higher-quality care.
This property represents a rare opportunity to acquire a high-end, newly built, fully licensed assisted living home in one of Arizona’s fastest-growing care markets. Whether you’re an investor looking for reliable passive income or an operator seeking a refined, ready-to-open property, this home offers immediate cash flow, long-term stability, and exceptional growth potential.
For financial details, availability, or a private tour, please contact us today.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $895,000
Price Per Bed $99,444
Sale Type Investment
Cap Rate 10.08%
Sale Condition 1031 Exchange
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
Building Class C
Lot Size 0.17 AC
Building Size 3,000 SF
No. Beds 9
No. Stories 1
Year Built 2024
Parking Ratio 1.33/1,000 SF
Zoning R-4 10 Residents - Property is a single family home with zoning for up to 10 residents for residential assisted living.

AMENITIES

  • Energy Performance Rating - A

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
101-09-498
Land Assessment
$1,923 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,923 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 35621317

  • Date on Market: 4/24/2025

  • Last Updated:

  • Address: 11074 W Tonto St, Avondale, AZ 85323

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