11074 W Tonto Street, Avondale, AZ 85323
- $900,000
- 9
- BD
- 3
- BA
- 3,093
- SqFt
- List Price
- $900,000
- Price Change
- ▼ $50,000 1749591615
- Days on Market
- 73
- Status
- ACTIVE
- MLS#
- 6858662
- City
- Avondale
- Bedrooms
- 9
- Bathrooms
- 3
- Living SQFT
- 3,093
- Lot Size
- 7,560
- Subdivision
- Vista Del Verde Phase 4 Replat
- Year Built
- 2024
- Type
- Single Family Residence
Property Description
High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.
Additional Information
- Elementary School
- Littleton Elementary School
- High School
- West Point High School
- Middle School
- Littleton Elementary School
- School District
- Tolleson Union High School District
- Acres
- 0.17
- Assoc Fee Includes
- Maintenance Grounds
- Hoa Fee
- $95
- Hoa Fee Frequency
- Monthly
- Hoa
- Yes
- Hoa Name
- Trestle Property Man
- Builder Name
- Richmond American
- Construction
- Stucco, Wood Frame
- Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
- Fencing
- Block
- Fireplace
- 1 Fireplace
- Flooring
- Tile
- Garage Spaces
- 2
- Heating
- Electric
- Living Area
- 3,093
- Lot Size
- 7,560
- New Financing
- Cash, Conventional, 1031 Exchange
- Roofing
- Tile
- Sewer
- Public Sewer
- Spa
- None
- Stories
- 1
- Style
- Detached
- Subdivision
- Vista Del Verde Phase 4 Replat
- Taxes
- $249
- Tax Year
- 2024
- Water
- City Water
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Listing courtesy of HomeSmart Realty.
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