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11074 W Tonto St 3,000 SF Health Care Building Offered at $900,000 at a 10.03% 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

Turnkey Custom Home 10 Resident Assisted Living Home or Behavioral Group Home. Home was built in 2024 and features 9 bedrooms plus a bonus room and 3 ADA bathrooms. Business License Included with sale (Assisted Living Only - Operational day one licensed for up to 10 residents) Perfect investment opportunity for either owner operator or end user investor who wants an operator to run the home/business and rent just the property. R4 Certificate of Occupancy in Hand + License with the AZ Health Department. Home was previously rented to an operator for $8500/month. Home has potential to make between $3,000-$4,500/month on average per resident so $30,000-$45,000 per month gross income.
Brand new construction home that was purchased in March of 2024 and then extensively remodeled to include 9 bedrooms, 3 bathrooms, and a bonus caregiver room with just over 3,000 sq. ft of interior living space. Bedrooms are ample size with many large enough to accommodate up to 2 residents and custom designed bathrooms allow for ease of use and resident entry. Home has brand new state of the art sprinkler system, R-4 zoning and Certificate of Occupancy issued by the city of Avondale, all work was completed by professional contractors and licensed professionals. All licensing has been completed and license has been issues with the AZDHS.

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 $900,000
Price Per Bed $100,000
Sale Type Investment
Cap Rate 10.03%
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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