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Two-Story Assisted Living Facility
New
For Sale
$849,900

8888 W Rosewood Hills, Peoria, AZ 85383

Business Opportunity, Peoria, AZ

Property Size4,500 SF
Price / SF$188.87
Days on Market2

Property Features for 8888 W Rosewood Hills

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Westwing
Standard status Active
APN 000-00-000
Size 4,500 SF

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Ceiling Fan(s), Electric, Central Air
Listing Agency: DeLex Realty
Listed By: Octavian Curpas · License #SA565521000
Added: Sep 3 Changed: Sep 4 Last Checked: Sep 4 at 8:06AM
MLS# 7075695

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,500-square-foot, two-level residence is configured for assisted living use, with 8 bedrooms, 4 bathrooms, and shared areas that include a living room, dining area, and kitchen. The layout also incorporates private living quarters, supporting an owner-operated live-and-work arrangement.

The main level contains 4 bedrooms and 2 bathrooms, including an ADA-compliant bathroom with a large walk-in shower. Building systems include natural gas heating, central air, electric cooling, ceiling fans, and public sewer service. The property is located in Peoria, Arizona, within ZIP Code 85383.

Key Highlights

  • 4,500‑square‑foot two‑level residence configured for assisted living use
  • 8 bedrooms and 4 bathrooms
  • Main level includes 4 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,524
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.94%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,350,480 $1.4M
Cap Rate 7%
$964,629 $964.6K
Cap Rate 9%
$750,267 $750.3K
Market Conditions
NOI Build-Up for 4,500 SF 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.
Gross rent
$105.3K $23.40/SF
− Vacancy
−$15.3K −$3.39/SF
EGI
$90.0K $20.01/SF
− OpEx
−$22.5K −$5.00/SF
NOI
$67.5K $15.01/SF
Area
Peoria, AZ
Vacancy
14.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,350,480
Cap Rate 7%
$964,629
Cap Rate 9%
$750,267

Alternative Uses

Best Use
Office B
$964.6K
$844.1K – $1.13M (±1% cap)
NOI $67,524 @ 7.0% cap · market cap 7.94%
Second Best
Mixed Use
$867.9K
$759.4K – $1.01M (±1% cap)
NOI $60,750 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$1.11M
$969.4K – $1.29M (±1% cap)
NOI $77,555 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Assisted living facilities

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85383, AZ

69,617
Population
25,570
Households
2.7
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
156.8 sq mi
ZIP Area
444
Density / Sq Mi
$138,671
Median Household Income
$67,745
Median Earnings
$2,371
Median Rent
$607,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Assisted living facility - Owner-operated configuration combines assisted living areas with private quarters under one roof.
Where is this assisted living facility located?
The property is located at 8888 W Rosewood Hills Peoria, AZ.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 4,500‑square‑foot two‑level residence configured for assisted living use; 8 bedrooms and 4 bathrooms; Main level includes 4 bedrooms and 2 bathrooms
More about this property
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