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1625 N Cherry Cir 6,627 SF Health Care Building Offered at $3,700,000 at a 11.23% Cap Rate in Mesa, AZ 85201
Investment Highlights
- Fully operational assisted living community offering stability and consistent revenue.
- Licensed staff available 24/7, delivering comprehensive care including medication management, behavioral monitoring, and specialized support.
- Transportation services available for medical appointments and community outings, ensuring convenience and accessibility.
- Situated within a residential neighborhood providing proximity to medical facilities, pharmacies, and dining options for residents.
- Facility includes shared dining spaces, recreational common areas, and on-site activity programs to support resident engagement.
- Designed to serve a diverse population including those with specialized health and behavioral needs, reinforcing long-term occupancy demand.
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 | Building Class | B |
| Price Per Bed | $370,000 | Lot Size | 1.12 AC |
| Sale Type | Investment | Building Size | 6,627 SF |
| Cap Rate | 11.23% | No. Beds | 10 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1957 |
| Zoning | R-9 - Residential | ||
| Price | $3,700,000 |
| Price Per Bed | $370,000 |
| Sale Type | Investment |
| Cap Rate | 11.23% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 1.12 AC |
| Building Size | 6,627 SF |
| No. Beds | 10 |
| No. Stories | 1 |
| Year Built | 1957 |
| Zoning | R-9 - Residential |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
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1625 N Cherry Cir
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