Listing Agency: Realty Executives Arizona Territory J***@realtyexaz.com Show Phone

Listed By: Lidia Tohatan Show Phone

Source: Exprealty

Added: Aug 26 Changed: Oct 15 Last Checked: Oct 21 at 1:41AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 3,741-square-foot residential assisted living facility is licensed for 10 beds and is offered with both the real estate and an established operating business. The property is located in Peoria, Arizona, and the operating component includes trained staff, existing vendor relationships, and established care systems.

The facility is positioned near medical centers, shopping, and freeway access. The offering combines a licensed senior-care property with an operating business already associated with the site, providing a defined format for an owner-operator or investor seeking an assisted living asset.

Key Highlights

• Licensed residential assisted living facility with 10 beds
• 3,741 square feet of property area
• Sale includes the real estate and established operating business

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$41,931

Cap Rate

3.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$838,620 $838.6K

Cap Rate 7%

$599,014 $599.0K

Cap Rate 9%

$465,900 $465.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,741 SF

Gross rent

$82.2K $21.96/SF

− Vacancy

−$5.9K −$1.58/SF

EGI

$76.2K $20.38/SF

− OpEx

−$34.3K −$9.17/SF

NOI

$41.9K $11.21/SF

Area

Peoria, AZ

Vacancy

7.20%

Lease Rate

$21.96 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$838,620

Cap Rate 7%

$599,014

Cap Rate 9%

$465,900

Alternative Uses

Best Use

Apartment 5plus

$599.0K

$524.1K – $698.9K (±1% cap)

NOI $41,931 @ 7.0% cap · market cap 3.02%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$921.1K

$805.9K – $1.07M (±1% cap)

NOI $64,474 @ 7.0% cap · market cap 4.64%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

655

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 85382, AZ

42,576

Population

19,796

Households

2.2

Avg Household Size

45

Median Age

38%

College-Educated

93%

High-School Grad

9.9 sq mi

ZIP Area

4,301

Density / Sq Mi

$93,387

Median Household Income

$53,864

Median Earnings

$1,875

Median Rent

$408,000

Median Home Value

Similar For Sale Nearby

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Licensed 10-Bed Assisted Living Facility

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Medical Office Condo For Sale

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Similar Off Market Nearby

• Horizon Assisted Living Home LLC — 19728 N 79th Ave, Glendale, AZ 85308
• Brookdale Union Hills — 20025 N 81st Ave, Peoria, AZ 85382
• Silver Crown Assisted Living Home — 20706 N 74th Ln, Glendale, AZ 85308
• Prince of Peace Assisting Living — 8262 W Adam Ave, Peoria, AZ 85382

Frequently Asked Questions

What type of property is this?

Assisted living facility - Residential care property offered with an established operating business and trained staff in place.

Where is this assisted living facility located?

The property is located at 20500 N 80th Ln Peoria, AZ.

What is the asking price?

The asking price for this property is $1,390,000.

What are key features of this property?

This property features: Licensed residential assisted living facility with 10 beds; 3,741 square feet of property area; Sale includes the real estate and established operating business