For Sale
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Property summary
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
VerifiedCap rate & NOI
Current use
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Nursing Home Retirement Community
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HVAC Service General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RU-43 · Wittmann, AZZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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