Property summary
This exceptional investment opportunity presents a 1-unit, single-story assisted living or behavioral health home in Glendale, Arizona. Built in 1960, the property boasts 1,935 square feet of well-maintained space, situated on a single lot in Maricopa County, zip code 85301. The property is zoned for residential single-family adult care homes, offering a solid foundation for continued operation or repurposing. The home's interior features four spacious bedrooms, an office, an air-conditioned bonus room, an open kitchen, and remodeled bathrooms equipped with roll-in showers and grab bars. Modern security is in place with cameras and a monitoring system throughout the building. The asking price is $480,000, translating to $248.06 per square foot and $480,000 per unit. This property presents a unique chance to acquire a well-located, established facility with significant potential for growth and return on investment in a thriving Arizona market. The property's previous use as a licensed assisted living and behavioral health home for up to 10 residents provides a clear understanding of its operational capacity and potential. Its convenient Glendale location offers easy access to essential amenities and services, further enhancing its appeal to potential residents and investors alike. This is a rare opportunity to acquire a turnkey operation or a solid foundation for a new venture in a high-demand sector.
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6 recent transactions · within 1.5 miComparable in this City
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