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142 W Ivanhoe Pl
Chandler, AZ 85225
Arizona Children's Group Home · Health Care Property For Sale · 3 Beds

Investment Highlights

  • High grossing easy rental income property with property management in place and long term tenant. Tenant runs a children's behavioral home for 5.
  • Tenant in place since 2020 and would like to stay, current lease ends December 2023. Room to increase rent to $5500-$6000 or expand.
  • Home was fully upgraded in 2018 including kitchen and bathrooms. Possibility to expand and zone for 10 residents - huge opportunity.

Property Facts

Property Type
Health Care
  • Healthcare Assisted Living
  • Healthcare Rehabilitation Center
  • Healthcare Skilled Nursing Facility
Lot Size 0.17 AC
Building Size 1,619 SF
No. Beds 3
No. Stories 1
Year Built/Renovated 1961/2018
Parking Ratio 0.62/1,000 SF
Zoning R-8.5 - Zoned for behavioral group/care home (Could also be an assisted living home) licensed for up to 5 residents - Can be modified for up to 10 residents.

Room Mix Information

Description No. Beds
Home 3

Property Taxes

Property Taxes

Parcel Number
302-56-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,664
  • Listing ID: 27515863

  • Date on Market: 1/14/2023

  • Last Updated:

  • Address: 142 W Ivanhoe Pl, Chandler, AZ 85225

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