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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



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
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
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.
Property Taxes
| Parcel Number | 214-19-079 | Total Assessment | $23,677 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $2,420 ($0.58/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
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15825 N 19th Pl - North Phoenix Behavioral Health Opportunity
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