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

Overview

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 est ...

Listing Details MLS# 6267974

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
Country
US
County Code
Maricopa
Assessor Number
000-00-000

General Property Description

Ttl Apx SqFt Bldg
5632
Uncvrd Parking Spcs
6

Remarks Misc

Cross Street
Cactus Rd & 51st Ave

Status Change Info

Off Market Date
2021-11-19
Under Contract Date
2021-10-07
Close of Escrow Date
2021-11-18

Contact Info

List Agent Home Phn
623-271-5333

More Information

Sold Info

Loan Type
Other
Payment Type
Interest Only
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Block
Yes
Stucco
Yes

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
Yes

Pmt & Rate Info

Equity
1590000
Down Payment %
25
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Type of Lease

None
Yes

Form of Ownership

Limited Liability Co
Yes

Sale Price Includes

Equipment
Yes
Real Estate
Yes
Other - See Remarks
Yes

Lease Information

None
Yes

Hours of Operation

7 Days/Week
Yes

Business Age

10+ Years
Yes

Heating

Natural Gas
Yes

Current Ownership

10+ Years
Yes

Cooling

Heat Pump
Yes

Training

Other - See Remarks
Yes

Expenses Include

See Remarks
Yes

Business/Tenant Pays

Other
Yes

Road Surface Type

Asphalt
Yes

Exterior

Other (See Remarks)
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Backup Information

License(s) Reqr'd
Yes

Sewer

Sewer - Public
Yes

Parking Features

Private
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

New Financing

Cash
Yes
SBA
Yes
No Carry
Yes

Current Financing 1

Conventional
Yes

Current Financing 2

Conventional
Yes

Current Financing 3

See Remarks
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Listing Office: Delex Realty
Last Updated: November - 21 - 2022
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