Remodeled Senior Living
2335 W MAYA Way Phoenix, AZ 85085
New
For Sale
$1,129,000
Remodeled assisted living home features 8 bedrooms and 4 bathrooms with improvements including a fire sprinkler system.
Property Size3,265 SF
Price / SF$345.79
Days on Market6
Property Features for 2335 W MAYA Way
General Information
Standard status
Active
Size
3,265 SF
Property subtype
Commercial/Industrial
Listing Agency:
Prestige Realty
(623) 271-5333
Listed By:
Ciprian Jivcu · License #SA585969000
(623) 271-5333
Source:
Exitrealty
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 29 at 9:00AM
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 Prestige Realty
Investment Insights
Based on property information with market context.
This remodeled senior living facility is offered for sale as an assisted living home with 8 bedrooms and 4 bathrooms. The property has operated at this location for 15+ years and has been recently remodeled with zoning approval for up to 10 residents through the City of Phoenix. Upgrades include a fire sprinkler system.
The interior features tile flooring, upgraded engineered flooring in key areas, plantation shutters, contemporary lighting, crown molding, and built-in cabinetry and shelves for storage and display. Arched passageways connect the spaces, and the kitchen includes staggered custom cabinetry, granite counters with a matching backsplash, stainless steel appliances, and a two-tiered island.
Additional onsite features include a manicured, stone-accented facade, a 2-car garage with storage space, and a water softener system. The property also offers multiple possible uses, subject to buyer verification of applicable requirements.
The interior features tile flooring, upgraded engineered flooring in key areas, plantation shutters, contemporary lighting, crown molding, and built-in cabinetry and shelves for storage and display. Arched passageways connect the spaces, and the kitchen includes staggered custom cabinetry, granite counters with a matching backsplash, stainless steel appliances, and a two-tiered island.
Additional onsite features include a manicured, stone-accented facade, a 2-car garage with storage space, and a water softener system. The property also offers multiple possible uses, subject to buyer verification of applicable requirements.
Key Highlights
- Remodeled assisted living facility licensed for zoning up to 10 residents through the City of Phoenix
- 8 bedrooms and 4 bathrooms in the assisted living home
- Upgrades include a fire sprinkler system
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 | $73.7k | $22.56 |
| − Vacancy | −$4.4k | −$1.35 |
| EGI | $69.2k | $21.21 |
| − OpEx | −$31.2k | −$9.54 |
| NOI | $38.1k | $11.66 |
3,265 SF · lease $22.56/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$544.0K
$476.0K – $634.7K
NOI $38,081 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$989.0K
$865.4K – $1.15M
NOI $69,230 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Heritage Assisted Living at Northerra — 2330 W Quail Track Dr, Phoenix, AZ 85085
- Blaylock Senior Care — 2254 W Blaylock Dr, Phoenix, AZ 85085
- AZ Interact LLC — 2325 W Desperado Way, Phoenix, AZ 85085
- Azalea Blooms Assisted Living — 26808 N 24th Ave, Phoenix, AZ 85085
- Oasis At Norterra — 2412 W Fetlock Trail, Phoenix, AZ 85085
Frequently Asked Questions
What type of property is this?
Assisted living facility - Remodeled assisted living home features 8 bedrooms and 4 bathrooms with improvements including a fire sprinkler system.
Where is this assisted living facility located?
The property is located at 2335 W MAYA Way Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,129,000.
What are key features of this property?
This property features: Remodeled assisted living facility licensed for zoning up to 10 residents through the City of Phoenix; 8 bedrooms and 4 bathrooms in the assisted living home; Upgrades include a fire sprinkler system