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24832 N 91st Ave - Luxury 10bd Assisted Living Home 8,949 SF Health Care Building Offered at $4,300,000 at a 13.95% Cap Rate in Peoria, AZ 85383
INVESTMENT HIGHLIGHTS
- Trophy Asset
EXECUTIVE SUMMARY
Investment Overview:
Situated in North Peoria, one of Arizona’s most strategically positioned and steadily expanding regions, this trophy property is a purpose-built 8,949-square-foot assisted living residence completed in 2019. Set on 1.22 gated acres, the property was designed from the ground up to balance clinical function and residential comfort, featuring ten private ensuite bedrooms, a salon, fitness room, and integrated indoor–outdoor living spaces including walking paths, courtyard, covered lounges, and a bocce court framed by mountain views. Over $70,000 per month in revenue!
Operating within a submarket supported by some of Arizona’s strongest economic fundamentals, North Peoria has become a hub of sustained growth, influenced by the Taiwan Semiconductor Manufacturing Company’s advanced $165,000,000,000 fabrication facility, new medical campuses, and the surrounding wave of infrastructure and housing development.
This property reflects a broader regional shift—where healthcare, technology, and lifestyle intersect—and stands as a durable example of modern assisted living design aligned with Arizona’s long-term demographic and economic trajectory.
Situated in North Peoria, one of Arizona’s most strategically positioned and steadily expanding regions, this trophy property is a purpose-built 8,949-square-foot assisted living residence completed in 2019. Set on 1.22 gated acres, the property was designed from the ground up to balance clinical function and residential comfort, featuring ten private ensuite bedrooms, a salon, fitness room, and integrated indoor–outdoor living spaces including walking paths, courtyard, covered lounges, and a bocce court framed by mountain views. Over $70,000 per month in revenue!
Operating within a submarket supported by some of Arizona’s strongest economic fundamentals, North Peoria has become a hub of sustained growth, influenced by the Taiwan Semiconductor Manufacturing Company’s advanced $165,000,000,000 fabrication facility, new medical campuses, and the surrounding wave of infrastructure and housing development.
This property reflects a broader regional shift—where healthcare, technology, and lifestyle intersect—and stands as a durable example of modern assisted living design aligned with Arizona’s long-term demographic and economic trajectory.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$840,000
|
$93.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$840,000
|
$93.87
|
| Taxes |
$9,089
|
$1.02
|
| Operating Expenses |
$348,000
|
$38.89
|
| Total Expenses |
$357,089
|
$39.90
|
| Net Operating Income |
$482,911
|
$53.96
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $840,000 |
| Annual Per SF | $93.87 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $840,000 |
| Annual Per SF | $93.87 |
| Taxes | |
|---|---|
| Annual | $9,089 |
| Annual Per SF | $1.02 |
| Operating Expenses | |
|---|---|
| Annual | $348,000 |
| Annual Per SF | $38.89 |
| Total Expenses | |
|---|---|
| Annual | $357,089 |
| Annual Per SF | $39.90 |
| Net Operating Income | |
|---|---|
| Annual | $482,911 |
| Annual Per SF | $53.96 |
PROPERTY FACTS
| Price | $4,300,000 | Building Size | 8,949 SF |
| Price Per Bed | $430,000 | No. Beds | 10 |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 13.95% | Year Built | 2019 |
| Property Type | Health Care |
| Price | $4,300,000 |
| Price Per Bed | $430,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 13.95% |
| Property Type | Health Care |
| Building Size | 8,949 SF |
| No. Beds | 10 |
| No. Stories | 1 |
| Year Built | 2019 |
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| - | 10 |
1 1
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24832 N 91st Ave - Luxury 10bd Assisted Living Home
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