3827 E Oak St 3,122 SF Health Care Building Offered at $2,000,000 at a 14% Cap Rate in Phoenix, AZ 85008

We are pleased to present an exceptional investment opportunity: a turnkey, fully furnished, and fully occupied 9-bedroom, 10-bathroom assisted living home located in the highly desirable South Arcadia area. This exclusive offering provides investors seeking strong cash flow and an attractive cap rate the opportunity to acquire a premium asset in one of the nation’s most sought-after senior living communities.
The residence is ideally situated near top-tier healthcare facilities, scenic parks, the renowned Biltmore and Scottsdale Fashion Square shopping destinations, and an array of upscale dining options. The Arcadia area is widely recognized for its exceptional quality of life, making it a premier destination for retirees seeking both luxury and tranquility.
The facility is licensed by the Arizona Department of Health Services (AZDHS) for up to 10 assisted living residents. The property features nine fully furnished bedrooms, each with its own en-suite bathroom, along with two additional hall bathrooms. Interior amenities include a spacious living room, family room, office, laundry room, and a garage with ample storage. A gourmet chef’s kitchen, formal dining area, and multiple common seating areas are thoughtfully designed to support an active, engaging, and social environment for residents.
Outdoor amenities include beautifully landscaped gardens, a walking path, and a serene patio area—ideal for relaxation and social gatherings.
There is a compelling value-add opportunity to increase capacity by applying for a 16-bed Certificate of Occupancy with the City of Phoenix, allowing for up to six additional residents.
Flexible management options are available. The current award-winning management team, with extensive industry experience, is open to remaining in place to ensure seamless continued operations. Alternatively, new ownership may choose to assume operations with comprehensive training and support from the existing staff, facilitating a smooth transition.
The property is currently operating at full occupancy, generating gross monthly income in excess of $45,000 and annual gross income exceeding $540,000.
This is a rare opportunity to acquire a high-performing residential assisted living facility with significant upside potential. Schedule a private tour today.