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5530 E Shea Blvd - 16bd New Construction Luxury Assisted Living 9,153 SF Health Care Building Offered at $5,950,000 at a 14% Cap Rate in Scottsdale, AZ 85254

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INVESTMENT HIGHLIGHTS

  • CUSTOM ASSISTED LIVING NEW CONSTRUCTION!
  • A+ Floor plan
  • Double Digit Cap Rate
  • LUXURY FINISHES
  • A+ traffic

EXECUTIVE SUMMARY

Opportunity:
We are pleased to present a rare investment opportunity to acquire a brand new, luxury 18-bedroom 20-bathroom assisted living home in the highly coveted Scottsdale Kierland area! This exclusive offering provides the astute investor seeking cash flow and a higher cap rate, the chance to acquire a Class 'A' property in one of the nation’s most desirable communities for senior living. This 16bd home is conservatively projected to have gross monthly income exceeding $112,000 and an annual gross income surpassing $1,344,000! Don't miss this exceptional opportunity to own newly constructed luxury residential assisted living home with the potential for further growth and profitability. Construction to be completed in Q1 2026.
Why Scottsdale:
Situated in the heart of Scottsdale, this property offers serene desert landscapes combined with upscale living, catering to a sophisticated lifestyle. The residence is ideally located near premium healthcare facilities, lush parks, renowned Kierland and Fashion Square shopping centers, and gourmet dining, ensuring comfort and convenience for its occupants. The Scottsdale area is renowned for its high quality of life, making it an attractive destination for retirees looking for luxury and tranquility. https://www.choosescottsdale.com/about/why-scottsdale
Licensing:
The facility is licensed through AZDHS for a maximum of 16 assisted living residents. Designed with an open-concept floor plan, each of the 16 private bedrooms includes an en suite full bathroom and private courtyard, ensuring a premium living experience. Additional features include a hall bathroom, live-in caregiver suite with its own en suite bathroom, office, salon, laundry room, spacious living room, a gourmet chefs kitchen, ample storage, abundant natural light, formal dining area, and multiple common seating areas, all designed to promote an active and social lifestyle. Outdoor features boast beautifully maintained gardens, a walking path, and a tranquil patio area ideal for relaxation and social gatherings.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $1,344,000 $146.84
Other Income - -
Vacancy Loss $26,400 $2.88
Effective Gross Income $1,317,600 $143.95
Taxes $4,600 $0.50
Operating Expenses $480,000 $52.44
Total Expenses $484,600 $52.94
Net Operating Income $833,000 $91.01

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $1,344,000
Annual Per SF $146.84
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $26,400
Annual Per SF $2.88
Effective Gross Income
Annual $1,317,600
Annual Per SF $143.95
Taxes
Annual $4,600
Annual Per SF $0.50
Operating Expenses
Annual $480,000
Annual Per SF $52.44
Total Expenses
Annual $484,600
Annual Per SF $52.94
Net Operating Income
Annual $833,000
Annual Per SF $91.01

PROPERTY FACTS

Price $5,950,000
Price Per Bed $330,556
Sale Type Investment or Owner User
Cap Rate 14%
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Rehabilitation Center
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 0.85 AC
Building Size 9,153 SF
No. Beds 18
No. Stories 1
Year Built 2025
Zoning R-35

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
- 1
  • Listing ID: 35835277

  • Date on Market: 5/12/2025

  • Last Updated:

  • Address: 5530 E Shea Blvd, Scottsdale, AZ 85254

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