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Property profile & analytics
OFF-MARKET
Assisted living facilities
6551 Menlo St 2, Mesa, AZ 85215-2241
Entity Owned
3-yr Hold
Property ID
US07-2557965
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1996
Construction
FRAME
Total area
2,088 SF
Lot
0.16 ac (6,877 SF)
Zoning code
RS-6
APN
141-67-381
UPID
US07-2557965
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
royalty hcs Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Royalty Home Care Solutions LLC · 3 yrs held
Royalty Home Care Solutions LLC
since 2023
7 recorded transactions
Zoning & alternative use
RS-6 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,984
Tax year 2023
Assessed value
$40,930
Assessed 2024
Previous assessed
$37,580
+8.9% YoY
Effective rate
4.85%
On assessed value
Land market value
$81,800
Improvement market value
$327,500
Total market value
$409,300
Applied tax rate
41,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
7
Bathrooms
3
Total area
2,088 SF
Lot
0.16 ac (6,877 SF)
Zoning code
RS-6
APN
141-67-381
UPID
US07-2557965
Jurisdiction
MARICOPA
Zoning & alternative use
RS-6 · Mesa, AZ
Zoning RS-6 · permitted uses
RS-6 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Royalty Home Care Solutions LLC
Entity
Mailing address
6548 E BAMBI DR, MESA, AZ 85215-2953
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2023
—
Royalty Home Care Solutions LLC
Rowena T Valdez
Special Warranty Deed
—
May 18, 2020
—
Rowena T Valdez
—
Deed
related
$295,000 · Pennymac Loan Services LLC
Oct 30, 2018
$310,000
Rowena T Valdez
Electona Family Trust
Warranty Deed
$294,500 · Wallick & Volk
Jan 22, 2013
—
Electona Family Trust
Electona,nelson M & Estella O
Quit Claim Deed
related
—
Nov 9, 2007
$293,900
Nelson M Electona
Karen M Workman
Warranty Deed
$220,425 · World Savings Bank Fsb
Dec 7, 2006
$285,000
Karen M Mulligan
Kay E Kjos
Warranty Deed
—
Dec 7, 2006
—
Stern Living Trust
Mulligan,karen M
Quit Claim Deed
related
—
Mar 27, 2002
—
Kjos Trust
Kjos,kay E
Quit Claim Deed
related
—
Oct 15, 1999
$159,000
Kay E Kjos
Gibson Trust
Grant Deed
$127,200 · Sun American Mortgage
Jun 25, 1997
$131,350
Gibson Trust
Lennar INC
Trustees Deed
—
Jun 25, 1997
—
Lennar Homes Of Arizona INC
Lennar Development INC
Quit Claim Deed
related
—
Sep 12, 1995
$122,500
Communities Development I Lennar
Broadland Properties USA
Grant Deed
—
—
—
Kjos,tr
—
Deed Of Trust
related
$126,600 · Abn Amro Mortgage Group INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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