Turnkey Assisted Living
2231 N 38th St, Phoenix, AZ 85008
Call to check price and availability
Fully furnished, occupied 9-bedroom assisted living home in South Arcadia.
Type:Senior Living, Special Purpose
Property size:
3,122 SFPrice / SF:
$640/SF- Added:
- Feb 24, 2026
- Days on Market:
- 77
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2231 N 38th St
General Information
- Standard status
- Active
- Size
- 3,122 SF
- Property subtype
- Senior Living, Special Purpose
Listing agent Jake Crawford License #SA646424000
Listing office EXP Realty (480) 766-2973
Listing date Feb 24, 2026
Source Crexi
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 EXP Realty
HighLights
- Turnkey, fully furnished and occupied 9‑bedroom, 10‑bathroom assisted living home.
- Licensed through AZDHS for a maximum of 10 assisted living residents and value add opportunity to apply for 16‑bed certificate of occupancy.
- Currently operating at full occupancy with a gross monthly income exceeding $45,000 and annual gross income surpassing $540,000.
- Located in South Arcadia, near healthcare facilities, parks, shopping centers, and dining.
- Flexible management options: current award‑winning team available or training for new owners with existing staff.
- Features include a gourmet chef's kitchen, formal dining area, multiple common seating areas, gardens, walking path, and patio.
Overview
This is a fully furnished and occupied, 9-bedroom, 10-bathroom assisted living home located in South Arcadia. The residence is ideally located near healthcare facilities, parks, Biltmore and Fashion Square shopping centers, and dining. The Arcadia area is known for its high quality of life. The facility is licensed through AZDHS for a maximum of 10 assisted living residents. The property features 9 fully furnished bedrooms, each with en-suite bathrooms, 2 hall bathrooms, a spacious living room, family room, laundry room, office, garage with storage, a chef's kitchen, a formal dining area, and multiple common seating areas. Outdoor features include gardens, a walking path, and a patio area. A value-add opportunity includes applying for a 16-bed certificate of occupancy with the City of Phoenix to add an additional 6 residents. Flexible management options are available. The current management team is available to stay on and continue managing operations. New owners can opt for training and a transition with the current staff. Currently operating at full occupancy, this home boasts a gross monthly income exceeding $45,000 and an annual gross income surpassing $540,000. The property size is 3,122 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Angel Care Home ...
Disability Services
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.9989567
- Latitude
- 33.4724483
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - Fully furnished, occupied 9-bedroom assisted living home in South Arcadia.
Where is this assisted living facility located?
The property is located at 2231 N 38th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Turnkey, fully furnished and occupied 9‑bedroom, 10‑bathroom assisted living home.; Licensed through AZDHS for a maximum of 10 assisted living residents and value add opportunity to apply for 16‑bed certificate of occupancy.; Currently operating at full occupancy with a gross monthly income exceeding $45,000 and annual gross income surpassing $540,000.
