Technical
Financial
Distress signals
Property profile

28428 N Rambling Rock Ct Wittmann, AZ 85361

FOR SALE
Assisted living facilities
Property ID
US07-2561276
3,155 SF 1 ac lot Built 2006
Individually Owned 19-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9-unit assisted living facility in Wittmann, Arizona, presents a unique investment opportunity. The 3,155 square foot building, constructed in 2006, sits on approximately one acre of land (APN 503-34-214) and is zoned RU43. Currently operating as a successful business, it offers a turnkey operation with existing residents and employees. The property boasts a strong 10% capitalization rate and a price per square foot of $475.43, with an asking price of $1,500,000. Services offered include assistance with activities of daily living, medication administration, and access to various therapies (depending on insurance coverage). The facility is staffed with trained and certified caregivers, adhering to Arizona Department of Health Services standards. Comprehensive documentation of care and medication is maintained. This is an ideal opportunity for an individual seeking to enter the assisted living market or expand an existing operation. The property's established clientele and operational infrastructure provide a solid foundation for continued success.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2006
Construction FRAME
Total area 3,155 SF
Lot 1 ac (43,772 SF)
Zoning code RU-43
APN 503-34-214
UPID US07-2561276

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
  • HVAC Service General Contractor

Location

28428 N Rambling Rock Ct Wittmann, AZ 85361
Wittmann metro Census 40541 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$630k
Blend (final) Blend
$325k

Owner & transaction history

since 2006
6 recorded transactions
2006
$398,345
2004
Price N/A
2004
$185,000
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RU-43 · Wittmann, AZ
Top alternative use upside
Neighborhood: shopping center $995,000 +33.8%
Medical building $805,000 +7.9%
Office building $755,000 +1.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message