10-Bed Assisted Living
For Sale
Contact for pricing
44 West Knight Lane, Tempe, AZ 85284
Renovated residential-care setting with private rooms, shared shower facilities, and indoor-outdoor common areas.
Property Size5,063 SF
Price / SF$651.79
Days on Market61
Property Features for 44 West Knight Lane
General Information
Standard status
Active
Size
5,063 SF
Class
A
Property subtype
Senior Living
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$318,000
Additional Details
Business Included
Yes
Sprinkler System
Yes
Amenities
gardens
bright outdoor spaces
private terraces
large covered porch
open living room
dining room
kitchen
private back yard
community shower rooms
ADA-compliant accessories
Building Details
Year Built
2020
Year Renovated
2019
Buildings
1
Stories
1
Units
10
Listing Agency:
Kidder Mathews
(602) 330-4468
Listed By:
Tim Dulany · License #BR508225000
Source:
Crexi
Added: Jul 2
Changed: Aug 30
Last Checked: Aug 31 at 10:18AM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This 5,063-square-foot assisted living facility was built in 2020 and configured for ten residents. The property offers ten private bedrooms, each with a private bath, with select rooms opening to private terraces. Two larger community shower rooms provide additional assisted bathing space.
Interior areas include an open living room, dining area, and kitchen, while a covered porch extends to the private backyard. The property occupies a private parcel with gardens and landscaped outdoor areas. Improvements include new fire alarm and sprinkler systems, appliances, furnishings, and ADA-compliant accessories following a complete renovation after the 2019 purchase.
Located at 44 West Knight Lane in Tempe, Arizona, the facility is operated with a full-time administrator and a full-time salaried manager who has remained with the owner since opening day.
Interior areas include an open living room, dining area, and kitchen, while a covered porch extends to the private backyard. The property occupies a private parcel with gardens and landscaped outdoor areas. Improvements include new fire alarm and sprinkler systems, appliances, furnishings, and ADA-compliant accessories following a complete renovation after the 2019 purchase.
Located at 44 West Knight Lane in Tempe, Arizona, the facility is operated with a full-time administrator and a full-time salaried manager who has remained with the owner since opening day.
Key Highlights
- Ten private bedrooms, each with a private bath
- 5,063‑square‑foot assisted living facility built in 2020
- Complete renovation followed the 2019 purchase
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85284, AZ
18,638
Population
7,589
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,389
Density / Sq Mi
$154,663
Median Household Income
$64,288
Median Earnings
$2,162
Median Rent
$646,300
Median Home Value
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- La Nina Assisted Living — 843 E Divot Dr, Tempe, AZ 85283
Frequently Asked Questions
What type of property is this?
Assisted living facility - Renovated residential-care setting with private rooms, shared shower facilities, and indoor-outdoor common areas.
Where is this assisted living facility located?
The property is located at 44 West Knight Lane Tempe, AZ.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Ten private bedrooms, each with a private bath; 5,063‑square‑foot assisted living facility built in 2020; Complete renovation followed the 2019 purchase
