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Financial
Distress signals
Property profile

607 W Villa Rita Dr Phoenix, AZ 85023

FOR SALE
Assisted living facilities
Property ID
US07-1316124
2,853 SF 0.16 ac lot Built 1996
Last sale Apr 2012 · $190,050
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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607 W Villa Rita Dr, Phoenix, AZ 85023 For Sale
$754,999 2,853 SF
607 W Villa Rita Dr, Phoenix, AZ 85023
View Listing

Property summary

AI-generated overview

The property is a licensed assisted living residence configured to support behavioral health services, with a permitted capacity for up to 10 residents. It includes residential living space furnished for operation and features reported interior upgrades such as granite countertops and travertine and laminate flooring. Outdoor amenities include a fenced swimming pool and spa. The attached garage has been converted into additional living area, creating two bedrooms and one half bathroom; this…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$49k
Effective rate5.60%

Value estimate

· Oct 2026
$220k
$198k – $242k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$4k
Operating expenses−$27k
NOI · 4.41% cap applied$33k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$227/SF
Submarket average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$132 – $327
Qualifying comparables7

Cap rate analysis

How does the asset earn?
4.41%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-3
The purpose of R-3 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple un...
General categoryRESIDENTIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.7
Law Firm23.6
HVAC Service13.1

Location

607 W Villa Rita Dr Phoenix, AZ 85023
County assessor Recorded deeds · 10 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18006 6th, Phoenix, AZ 85023-6489 $500,000 Mar 2025 2,433 SF
310 Muriel, Phoenix, AZ 85023-6524 $290,000 Dec 2024 2,066 SF
219 Villa Theresa, Phoenix, AZ 85023-6431 $450,000 Oct 2023 2,085 SF
2577 Greenway, Phoenix, AZ 85023-4308 $45,000,000 Apr 2022 19,314 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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