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    Peoria Assisted Living Facility

    N 83 Avenue Peoria, AZ 85383

    Claim this Listing
    For Sale
    $899,900

    COMMERCIAL - Peoria, AZ

    Property size:
    4,144 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $217/SF
    Added:
    Apr 1, 2026
    Days on Market:
    103
    Last Refresh:
    Jul 12 at 4:06 am

    Property Features for N 83 Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    000-00-000
    Size
    4,144 SF
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Electric, Ceiling Fan(s)

    Listing agent Octavian Curpas License #SA565521000

    Listing office Delex Realty 20359 N 59th Ave Ste 103, Glendale, AZ

    Listing date Apr 1, 2026

    MLS# 7007206

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This commercial property in Peoria, Arizona, presents an opportunity to serve the senior population. The property, located in the Westwing subdivision of North Peoria, is a licensed assisted living business operating at 100% occupancy with 5 active residents. The property includes a 4,144 square-foot home featuring 8 bedrooms and 4 full bathrooms. The lot size is 0.1848 acres. Signage opportunities are available.

    Key Highlights

    • Licensed assisted living business operating at 100% occupancy with 5 active residents
    • Licensed for 5 residents
    • Home features 8 bedrooms and 4 full bathrooms

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $91.0k $21.96
    − Vacancy −$6.6k −$1.58
    EGI $84.5k $20.38
    − OpEx −$38.0k −$9.17
    NOI $46.4k $11.21
    4,144 SF · lease $21.96/SF/yr · vacancy 7.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $663.5K
    $580.6K – $774.1K (±1% cap)
    NOI $46,448 @ 7.0% cap · market cap 5.16%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.02M
    $892.7K – $1.19M (±1% cap)
    NOI $71,419 @ 7.0% cap · market cap 7.94%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Hair Salon Pharmacy Big Box & Wholesale Store Nail Salon Auto Parts Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Assisted living facility - Licensed assisted living business in Peoria, Arizona. Occupancy 100%.
    Where is this assisted living facility located?
    The property is located at N 83 Avenue Peoria, AZ.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: Licensed assisted living business operating at 100% occupancy with 5 active residents; Licensed for 5 residents; Home features 8 bedrooms and 4 full bathrooms
    Contact an agent
    (602) 400-6031
    We can help!
    Contact an agent
    Octavian Curpas
    Real Estate License ID: SA565521000
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