Mayer Group Home
13190 E CENTRAL Avenue Mayer, AZ 86333
For Sale
$984,990
Established group home/healthcare facility on 0.97 acres in Mayer, Arizona.
Property Size3,361 SF
Lot Size0.95 Acres
Price / SF$293.06
Days on Market533
Property Features for 13190 E CENTRAL Avenue
General Information
Standard status
Active
Size
3,361 SF
Lot size
0.95 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2002
Listing Agency:
ARRT of Real Estate
(361) 229-0362
Listed By:
Anastasia Plesco · License #SA695947000
(361) 229-0362
Source:
Exitrealty
Added: Feb 11, 2025
Changed: Jul 6
Last Checked: Jul 29 at 9:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ARRT of Real Estate
Investment Insights
Based on property information with market context.
Located in Mayer, Arizona, this property presents an investment opportunity as an established group home and behavioral healthcare facility. The property, situated on a 0.97-acre lot, includes two buildings designed for functionality and potential expansion. Building 1 features 6 rooms suitable for housing or operations and includes 1 full bathroom, with space for reconfiguration. Building 2 has been recently updated with a commercial kitchen, dining area, and living room, along with 1 full bathroom and an open layout suitable for group activities, meetings, or customization. Currently operating with 8 beds, there is potential to expand to 14 beds. The lot provides ample parking to accommodate staff, visitors, and future growth. The property offers possibilities for continued use as a group home, transition to a different healthcare service, or exploration of other commercial opportunities. The property size is 3361 square feet. The property is located just south of Prescott, AZ. Zoning and county have approved the commercial zoning C1-C3, great health care property, group home or other.
Key Highlights
- Established group home/behavioral healthcare facility with existing 8‑bed operation.
- Potential to expand capacity to 14 beds, increasing profitability.
- Two buildings on a spacious 0.97‑acre lot designed for functionality and expansion.
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 | $68.6k | $20.40 |
| − Vacancy | −$3.4k | −$1.02 |
| EGI | $65.1k | $19.38 |
| − OpEx | −$29.3k | −$8.72 |
| NOI | $35.8k | $10.66 |
3,361 SF · lease $20.40/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$511.8K
$447.8K – $597.1K
NOI $35,825 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.13M
$985.2K – $1.31M
NOI $78,815 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Assisted living facility - Established group home/healthcare facility on 0.97 acres in Mayer, Arizona.
Where is this assisted living facility located?
The property is located at 13190 E CENTRAL Avenue Mayer, AZ.
What is the asking price?
The asking price for this property is $984,990.
What are key features of this property?
This property features: Established group home/behavioral healthcare facility with existing 8‑bed operation.; Potential to expand capacity to 14 beds, increasing profitability.; Two buildings on a spacious 0.97‑acre lot designed for functionality and expansion.