825 E Warner Road, Gilbert, AZ 85296

$950,000
Property Type: Business Opportunity Square Footage: 2,827 Lot Size (sq. ft.): 8,800 Status: Closed
Current Price: $950,000 List Date: 8/12/2021 Last Modified: 3/24/2025

Overview

Description

Amazing turnkey assisted living opportunity sold AS-IS. Own a well-established assisted living group home (licensed for 10 residents by AZDHS) with a long and successful operating history and good reputation in the heart of Gilbert! This beautiful home features 7 bedrooms, 3 baths, and provides a caring environment for its residents. Why start an Assisted Living business when you can buy one already set up? Ideal opportunity for an owner operator or a health care professional to save labor costs (boost cash flow), while having the satisfaction of helping the elderly. Join this growth-oriented industry & enjoy the profitable return for your efforts. The home is fire-sprinklered, has two roll-in showers, all handicap accessible, beautiful tile floors.

Supplements: Real estate and business sold together & include furnishings, fixtures, policy and procedure manuals, contracts, licenses. Corner lot, walking area for residents. Near hospitals, rehab centers, shopping. No sign on property; Do Not Disturb, drive by only. Lindsay/Warner in Gilbert. Buyer to fill out NDA first to obtain further information. Tours ca ...

Listing Details MLS# 6277227

Location

Map Code/Grid
T40
House Number
825
Compass
E
Street Name
Warner
St Suffix
Road
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85296
Country
US
County Code
Maricopa
Assessor Number
300-52-106

General Property Description

Ttl Apx SqFt Bldg
2827
Uncvrd Parking Spcs
2

Remarks Misc

Cross Street
Lindsay/Warner

Status Change Info

Off Market Date
2021-10-29
Under Contract Date
2021-10-25
Close of Escrow Date
2022-01-31

Sold Info

Loan Type
SBA
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

More Information

Construction

Stucco
Yes
Wood Frame
Yes

Income & Expenses

Annual Gross Sales
264000
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
Yes

Pmt & Rate Info

Equity
1050000
Down Payment %
0
Total Owed
0

Showing Notification Methods

Phone Call
Yes

Lockbox Type

None
Yes

Type of Lease

None
Yes

Form of Ownership

Limited Liability Co
Yes

Sale Price Includes

Goodwill
Yes
Equipment
Yes
Inventory
Yes
Real Estate
Yes
License(s)
Yes
Other - See Remarks
Yes

Lease Information

None
Yes

Hours of Operation

7 Days/Week
Yes

Business Age

10+ Years
Yes

Heating

Electric
Yes

Current Ownership

3 - 5 Years
Yes

Cooling

Electric
Yes
Heat Pump
Yes

Business Location

Corner Lot
Yes
Fixed Location
Yes

Training

Other - See Remarks
Yes

Expenses Include

Other
Yes

Business/Tenant Pays

Gas
Yes
Electricity
Yes
Exterior Repair
Yes
Water
Yes
Sewer
Yes
Trash
Yes
Contents Insurance
Yes
Fire Ins - Building
Yes
Liability Insurance
Yes
Property Taxes
Yes

Road Surface Type

Asphalt
Yes

Exterior

Corner Lot
Yes
Sprinkler System-Ground
Yes
Landscaping
Yes
Security Camera(s)
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

Not Available
Yes

Water Source

City Franchise
Yes
Individual Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Paved
Yes

Electric

SRP
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

New Financing

Cash
Yes
Conventional
Yes
SBA
Yes

Special

Owner/Agent
Yes

Current Financing 1

Treat as Free & Clr
Yes
Conventional
Yes
SBA Loan
Yes
Non-Assumable
Yes

Current Financing 2

Treat as Free & Clr
Yes

Current Financing 3

Treat as Free & Clr
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Business Type: Professional Service Form of Ownership: Limited Liability Co Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Other - See Remarks Lease Information: None Hours of Operation: 7 Days/Week Type of Lease: None Business Age: 10+ Years Current Ownership: 3 - 5 Years Business Location: Corner Lot; Fixed Location Training: Other - See Remarks Expenses Include: Other Source of Fincl Data: Owner Construction: Stucco; Wood Frame Exterior: Corner Lot; Sprinkler System-Ground; Landscaping; Security Camera(s) Parking Features: Free; Paved Electric: SRP; Individual Meter Gas: SW Gas; Individual Meter Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Cooling: Electric; Heat Pump Showing Notification Methods: Phone Call Lockbox Type: None Road Surface Type: Asphalt Traffic Count: Not Available Special: Owner/Agent Current Financing 1: Treat as Free & Clr; Conventional; SBA Loan; Non-Assumable Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Cash; Conventional; SBA Environmental: None
IDX
Listing Office: Peak PM LLC
Last Updated: March - 24 - 2025
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