Two-Level Assisted Living
For Sale
$849,900
8888 W Rosewood Ln, Peoria, AZ 85383
Two-story property combines resident accommodations with functional common areas and an ADA-compliant bathroom.
Property Size4,500 SF
Price / SF$188.87
Days on Market8
Property Features for 8888 W Rosewood Ln
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Business Opportunity
Building Details
Stories
2
Listing Agency:
DeLex Realty
(602) 910-3002
Listed By:
Octavian Curpas · License #SA565521000
(602) 400-6031
Source:
Exprealty
Added: Sep 4
Changed: Sep 10
Last Checked: Sep 10 at 3:16PM
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 DeLex Realty
Investment Insights
Based on property information with market context.
This 4,500-property-size assisted living facility is arranged across two levels with 8 bedrooms, 4 bathrooms, and substantial shared areas. The main level is configured for assisted living and includes 4 bedrooms, 2 bathrooms, a living room, dining area, and kitchen. One bathroom provides ADA-compliant access with a large walk-in shower.
The layout also incorporates private living quarters within the property, supporting an owner-occupied live-and-work arrangement. Located in North Peoria at 8888 W Rosewood Ln, the residence offers a combined residential and operational configuration for an assisted living use.
The layout also incorporates private living quarters within the property, supporting an owner-occupied live-and-work arrangement. Located in North Peoria at 8888 W Rosewood Ln, the residence offers a combined residential and operational configuration for an assisted living use.
Key Highlights
- 8 bedrooms and 4 bathrooms
- Two‑level layout with 4,500 property size
- Main level configured for assisted living
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
NOI $67,524 @ 7.0% cap · market cap 7.94%
Second Best
Mixed Use
$867.9K
$759.4K – $1.01M
NOI $60,750 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$1.11M
$969.4K – $1.29M
NOI $77,555 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Two-story property combines resident accommodations with functional common areas and an ADA-compliant bathroom.
Where is this assisted living facility located?
The property is located at 8888 W Rosewood Ln 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: 8 bedrooms and 4 bathrooms; Two‑level layout with 4,500 property size; Main level configured for assisted living
