4700 W Cactus Road, Glendale, AZ 85304
$1,700,000
Property Type:
Business Opportunity
Square Footage:
5,632
Status:
Closed
Current Price:
$1,700,000
Last Modified:
11/21/2022
Description
Just reduced 100K. Rare opportunity to own 20 bed assisted living portfolio with long operating history and great reputation in the heart of Glendale! The portfolio consists of 2 highly upgraded homes, each licensed for 10 residents, and currently operating at almost full capacity. Located in close proximity to medical offices, Banner Thunderbird Medical Cntr and Hospice of the Valley, providing many great sources of referrals. These luxurious estates boast 18 spacious bedrooms, 11 baths, custom gourmet kitchens and a spacious office.
Supplements: High end/custom touches are seen throughout including over-sized baseboards, quartz counters, engineered flooring, wide hallways and doors, ADA accessible with fire sprinklers. The facilities are equipped with state of the art Electronic MARS systems used by the staff in the process of medication management. The selling price includes the real estate, business, fixtures and equipment needed to run the business.
More Information MLS# 6267974
General Property Description
Ttl Apx SqFt Bldg: 5632
Uncvrd Parking Spcs: 6
Construction
Block: 1
Stucco: 1
Income & Expenses
Annual Gross Sales: 0
Owners Draw Included: Yes
Annual Owners Salary: 0
Annual Mngr Salary: 0
Anl Int (Non-RelEst): 0
Annual Depreciation: 0
Annual Fringes: 0
Adjusted Net Income: 0
Apx Value of Cash: 0
Business Type
Professional Service: 1
Pmt & Rate Info
Equity: 1590000
Down Payment %: 25
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Type of Lease
None: 1
Form of Ownership
Limited Liability Co: 1
Sale Price Includes
Equipment: 1
Real Estate: 1
Other - See Remarks: 1
Lease Information
None: 1
Hours of Operation
7 Days/Week: 1
Business Age
10+ Years: 1
Heating
Natural Gas: 1
Current Ownership
10+ Years: 1
Cooling
Heat Pump: 1
Training
Other - See Remarks: 1
Expenses Include
See Remarks: 1
Business/Tenant Pays
Other: 1
Road Surface Type
Asphalt: 1
Exterior
Other (See Remarks): 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Backup Information
License(s) Reqr'd: 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Cash: 1
SBA: 1
No Carry: 1
Current Financing 1
Conventional: 1
Current Financing 2
Conventional: 1
Current Financing 3
See Remarks: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 623-271-5333
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Interest Only
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Contract Info
Current Price: $1,700,000
Sold Price: $1,700,000
Status: Closed
List Date: 2021-07-19
Location
Map Code/Grid: M32
House Number: 4700
Compass: W
Street Name: Cactus
St Suffix: Road
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85304
County Code: Maricopa
Assessor Number: 000-00-000
Remarks Misc
Cross Street: Cactus Rd & 51st Ave
Geo Lat: 33.596322
Geo Lon: -112.160012
Status Change Info
Off Market Date: 2021-11-19
Under Contract Date: 2021-10-07
Close of Escrow Date: 2021-11-18
Sold Price: $1,700,000
Property Features
Business Type: Professional Service
Form of Ownership: Limited Liability Co
Sale Price Includes: Equipment; Real Estate; Other - See Remarks
Lease Information: None
Hours of Operation: 7 Days/Week
Type of Lease: None
Business Age: 10+ Years
Current Ownership: 10+ Years
Training: Other - See Remarks
Expenses Include: See Remarks
Source of Fincl Data: Owner
Backup Information: License(s) Reqr'd
Construction: Block; Stucco
Exterior: Other (See Remarks)
Parking Features: Private
Electric: APS
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
Heating: Natural Gas
Cooling: Heat Pump
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Road Surface Type: Asphalt
Current Financing 1: Conventional
Current Financing 2: Conventional
Current Financing 3: See Remarks
New Financing: Cash; SBA; No Carry
Environmental: None
Listing Office:
DPR Realty LLC
Last Updated: November - 21 - 2022
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