6981 W VILLA HERMOSA Avenue, Glendale, AZ 85310
$1,295,000
Property Type:
Business Opportunity
Square Footage:
3,007
Lot Size (sq. ft.):
15,800
Status:
Closed
Current Price:
$1,295,000
Last Modified:
7/01/2024
Description
GREAT INVESTMENT OPPORTUNITY!! Licensed and permitted ASSISTED CARE FACILITY. Newly remodeled 10 bed 7 bath assisted care facility. Currently
the property is leased until 2028 at $9,500 per month.
Note: Listing is for property only. Assisted living business is ran by Leasee and not for sale. Property is currently Leased until 2028 at $9,500 per month / Tripple net. Great investment.
Photos do not include all bedrooms with respect to privacy of patients at the home.
More Information MLS# 6481844
General Property Description
Ttl Apx SqFt Bldg: 3007
Uncvrd Parking Spcs: 6
Legal Info
Range: 1E
Section: 13
Township: 4N
Income & Expenses
Annual Gross Sales: 114000
Owners Draw Included: No
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: 1325000
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Type of Lease
NNN: 1
Form of Ownership
Limited Liability Co: 1
Sale Price Includes
Lease Value: 1
Lease Information
1 - 3 Years: 1
Hours of Operation
7 Days/Week: 1
Business Age
3 - 5 Years: 1
Heating
Electric: 1
Current Ownership
1 - 3 Years: 1
Cooling
Electric: 1
Business Location
Corner Lot: 1
Free Standing Bldg: 1
Training
1 Week: 1
Expenses Include
Other: 1
Business/Tenant Pays
Gas: 1
Electricity: 1
Exterior Repair: 1
Water: 1
Sewer: 1
Trash: 1
Common Area Maint: 1
Contents Insurance: 1
Fire Ins - Building: 1
Glass Insurance: 1
Janitorial: 1
Liability Insurance: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Cash: 1
Conventional: 1
Current Financing 1
Treat as Free & Clr: 1
Current Financing 2
Treat as Free & Clr: 1
Current Financing 3
Treat as Free & Clr: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Conventional
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Contract Info
Current Price: $1,295,000
Sold Price: $1,295,000
Status: Closed
List Date: 2022-10-26
Location
Map Code/Grid: J31
House Number: 6981
Compass: W
Street Name: VILLA HERMOSA
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85310
Zip4: 5855
County Code: Maricopa
Subdivision: PATRICK RANCH
Assessor Number: 231-17-569
Remarks Misc
Cross Street: Pinnacle Peak Rd & 71st Ave
Directions: From Pinnacle Peak head South on N 71st ave, Right on W Planada Ln, Left on 70th LN, house is on corner of 70th Ln and Villa Hermosa
Geo Lat: 33.694647
Geo Lon: -112.211283
Status Change Info
Off Market Date: 2023-05-12
Under Contract Date: 2023-04-17
Close of Escrow Date: 2023-05-11
Sold Price: $1,295,000
Property Features
Business Type: Professional Service
Form of Ownership: Limited Liability Co
Sale Price Includes: Lease Value
Lease Information: 1 - 3 Years
Hours of Operation: 7 Days/Week
Type of Lease: NNN
Business Age: 3 - 5 Years
Current Ownership: 1 - 3 Years
Business Location: Corner Lot; Free Standing Bldg
Training: 1 Week
Expenses Include: Other
Source of Fincl Data: Owner
Parking Features: Private
Electric: APS
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
Cooling: Electric
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Current Financing 1: Treat as Free & Clr
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Conventional
Environmental: None
Listing Office:
Platinum Living Realty
Last Updated: July - 01 - 2024
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