, Glendale, AZ 85304 (MLS# 6607264)

Glendale, AZ 85304

$1,180,000

Property Type: Business Opportunity Square Footage: 3,685 Status: Closed

Current Price: $1,180,000 Last Modified: 5/11/2025

Overview

Description

This is a rare opportunity to own your very own successfully run Residential Assisted Living Home. Licensed for 10 residents, this business provides the perfect profitable venture. The well-thought-out layout offers ample living space for residents with a generous 11 bedrooms and 7 bathrooms. One bedroom is dedicated as private quarters for your staff. If desired, the layout of the property permits the creation of a suite with its own kitchen, making it even more versatile. Situated on a large lot, this property offers ample outdoor space for residents to enjoy the fruit trees in the back or the patio area in the front. This Residential Assisted Living property is a turnkey operation. Fully occupied. Close to hospitals, rehabs, groceries, and so much more. A must see!

Listing Details MLS# 6607264

Location

City/Town Code: Glendale
State/Province: AZ
Zip Code: 85304
Country: US
Subdivision: HICKORY SHADOWS UNIT 2
Assessor Number: 200-75-713

General Property Description

Ttl Apx SqFt Bldg: 3685
Uncvrd Parking Spcs: 2

Remarks Misc

Cross Street: 51st Ave & Thunderbird Rd
Directions: W2 52nd Ave, S2 to home on west side.

Status Change Info

Off Market Date: 2024-03-26
Under Contract Date: 2024-03-25
Close of Escrow Date: 2024-05-17

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Sold Info

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

Construction

Block: Yes
Wood Frame: Yes

Income & Expenses

Annual Gross Sales: 400000
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

Other: Yes

Pmt & Rate Info

Equity: 1180000
Down Payment %: 0
Total Owed: 0

Lockbox Type

None: Yes

Type of Lease

None: Yes

Form of Ownership

Limited Liability Co: Yes

Sale Price Includes

Real Estate: 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

10+ Years: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Expenses Include

See Remarks: Yes

Business/Tenant Pays

Other: Yes

Road Surface Type

Asphalt: Yes

Exterior

Sprinkler System-Ground: Yes
Landscaping: Yes
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

Parking Lot: Yes
Paved: Yes

Electric

APS: Yes

Gas

None: Yes

New Financing

Cash: Yes
Conventional: Yes
SBA: Yes

Current Financing 1

Treat as Free & Clr: Yes

Current Financing 2

Treat as Free & Clr: Yes

Current Financing 3

Treat as Free & Clr: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Business Type: Other Form of Ownership: Limited Liability Co Sale Price Includes: 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 Expenses Include: See Remarks Source of Fincl Data: Owner Backup Information: License(s) Reqr'd Construction: Block; Wood Frame Exterior: Sprinkler System-Ground; Landscaping; Other (See Remarks) Parking Features: Parking Lot; Paved Electric: APS Gas: None Water Source: City Franchise Sewer: Sewer - Public Cooling: Ceiling Fan(s); Central Air Lockbox Type: None Road Surface Type: Asphalt 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; SBA Environmental: None

Listing Office: West USA Realty

Last Updated: May - 11 - 2025