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15825 N 19th Pl - North Phoenix Behavioral Health Opportunity 4,188 SF Health Care Building Offered at $1,400,000 at a 10.76% Cap Rate in Phoenix, AZ 85022

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Investment Highlights

  • Licensed residential assisted-living setting within a quiet North Phoenix neighborhood
  • Close proximity to SR-51 and Loop 101 for efficient access throughout the Valley
  • Strong regional demand driven by aging population and nearby medical facilities

Executive Summary

Located in a well-established North Phoenix neighborhood, this value-add / redevelopment opportunity offers strong potential for behavioral health, assisted living, or similar residential care use. The property is not currently operational, providing a blank canvas for upgrades, reconfiguration, and repositioning by a qualified operator or investor. Licensed for residential assisted living and pending license for behavioral health, making this a compelling option for behavioral health and assisted living operators, as well as value-add investors/owner-users pursuing a healthcare conversion.
All financials are pro forma estimates and projected only, and the property has no current operating income. Actual performance may vary and is dependent on licensing, operator execution, program model, and final use. Buyers should complete independent due diligence regarding licensing feasibility, renovation scope, and operational assumptions.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $540,000 $128.94
Other Income - -
Vacancy Loss $27,000 $6.45
Effective Gross Income $513,000 $122.49
Taxes $2,420 $0.58
Operating Expenses $360,000 $85.96
Total Expenses $362,420 $86.54
Net Operating Income $150,580 $35.96

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $540,000
Annual Per SF $128.94
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $27,000
Annual Per SF $6.45
Effective Gross Income
Annual $513,000
Annual Per SF $122.49
Taxes
Annual $2,420
Annual Per SF $0.58
Operating Expenses
Annual $360,000
Annual Per SF $85.96
Total Expenses
Annual $362,420
Annual Per SF $86.54
Net Operating Income
Annual $150,580
Annual Per SF $35.96

Property Facts

Price $1,400,000
Price Per Bed $140,000
Sale Type Investment or Owner User
Cap Rate 10.76%
Sale Condition Business Value Included
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 0.28 AC
Building Size 4,188 SF
No. Beds 10
No. Stories 1
Year Built 1980
Zoning R-10

About 15825 N 19TH PL , PHOENIX, AZ 85022

Located in the heart of North Phoenix, this licensed assisted-living residence offers a rare opportunity to acquire a turnkey healthcare asset within one of the metro’s most stable and in-demand senior care submarkets. The property is nestled within a quiet, established residential neighborhood just east of the Moon Valley area, creating an ideal setting for long-term care operations that prioritize comfort, safety, and familiarity. Its location benefits from strong area demographics, with a high concentration of aging households, robust nearby medical infrastructure, and immediate access to daily-needs retail, pharmacies, and service providers. The property sits minutes from State Route 51 and the Loop 101, enabling efficient regional connectivity for staff, service vendors, and visiting families. Sky Harbor International Airport is accessible in approximately 20 minutes, supporting ease of travel for out-of-state relatives and operators with multi-market portfolios. The surrounding community is known for its walkable residential streets, mountain preserves, and proximity to major medical hubs including HonorHealth John C. Lincoln Medical Center. This assisted-living home offers the scale and environment preferred for high-touch care models, memory-care programs, or boutique senior living operations. Investors and operators will recognize the value of a stabilized residential setting paired with the strong demand fundamentals of North Phoenix’s growing senior population. With its highly accessible location and supportive neighborhood context, the property is well-positioned for a range of specialized healthcare uses and long-term operational performance.

Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
214-19-079
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$23,677 (2025)
Annual Taxes
$2,420 ($0.58/SF)
Tax Year
2026
  • Listing ID: 39308881

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 15825 N 19th Pl, Phoenix, AZ 85022

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