6505 La Cholla Blvd Tucson, AZ 85741
- Commercial land
- 0.53 lot acres
Current Use by Public Records
- Dr. John M. Pifer, MD / Geriatrician
- BridgeWater Assisted Living - Tucson / Assisted Living Facility
Property Details for 6505 La Cholla Blvd
- Lot size
- 0.53 lot acres
- Property type
- Commercial land
- APN
- 101-01-6140
- APU
- 101016140
Description
This exceptional 10.09-acre property in Tucson, Arizona, presents a lucrative investment opportunity in the thriving senior living market. The BridgeWater Assisted Living facility boasts 50,220 square feet, encompassing five buildings, and currently operates at 88% occupancy. The property features 108 units with a total of 123 licensed beds, all permitted for Directed Care (Memory Care), offering flexibility to operate as Assisted Living, Memory Care, or a combination. Built in 2007, the facility includes full commercial kitchens and dining rooms in each villa, along with amenities such as exercise and wellness centers, a beauty salon, activity and media rooms, computer stations, scenic paths, housekeeping, laundry service, chauffeured transportation, and an emergency call response system. The property is zoned CB Commercial Business, allowing for behavior health facilities. A significant advantage is a 1.5-acre lot already entitled for an additional 55 independent living units
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -111.013
- Latitude
- 32.3254
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
