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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart Realty.

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