Property profile

2721 Rovey Ave Phoenix, AZ 85017

OFF-MARKET
Assisted living facilities
Property ID
US07-2069253
2,959 SF 0.24 ac lot Built 1951
Individually Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1951
Construction CONCRETE BLOCKS
Total area 2,959 SF
Lot 0.24 ac (10,337 SF)
Zoning code R1-6
APN 152-15-125
UPID US07-2069253

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

2721 Rovey Ave Phoenix, AZ 85017-1742
Phoenix metro Census 106900 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$470k

Owner & transaction history

since 2008
6 recorded transactions
2008
$45,000
2008
$61,737
2001
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1-6 · Phoenix, AZ
Zoning description

The purpose of R1-6 is to foster the creation of living areas which can assist the establishment of stable, functional neighborhoods and an established pattern of living in this metropolitan area reflects a tradition of…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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