Share This Listing

Message

918 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 1 acre+ lot
  • Excellent Facility Reputation
  • Busy Street Frontage for visibility and signage
  • Owner can stay on to manage for seamless transition

Executive Summary

Assisted living investment opportunity in Mesa, Arizona, where demand for senior housing continues to rise alongside an aging population. The property benefits from a strong revenue profile. Located within an established residential area with convenient access to nearby amenities and healthcare providers, the property is well-positioned to capture ongoing demand. Overall, this offers investors a stabilized, income-producing asset in a high-growth market, combining reliable cash flow with opportunities to enhance NOI through operational improvements and strategic rate increases.

Property Facts

Price $3,700,000
Price Per Bed $370,000
Sale Type Investment or Owner User
Cap Rate 15.73%
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
Building Class B
Lot Size 0.30 AC
Building Size 6,627 SF
No. Beds 10
No. Stories 2
Year Built/Renovated 1957/1972
Parking Ratio 1.06/1,000 SF
Zoning Residential

Room Mix Information

Description No. Beds
- 10
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
135-10-053
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,160
  • Listing ID: 40393896

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 1625 N Cherry Cir, Mesa, AZ 85201

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}