11074 W TONTO Street Active Save Request In-Person Tour Request Virtual Tour
Avondale,AZ 85323
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,093 sqft
Price per Sqft $290
Subdivision Vista Del Verde Phase 4 Replat
MLS Listing ID 6858662
Bedrooms 9
HOA Fees $95/mo
Year Built 2024
Annual Tax Amount $249
Tax Year 2024
Lot Size 7,560 Sqft
Property Sub-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.
Location
State AZ
County Maricopa
Community Vista Del Verde Phase 4 Replat
Interior
Heating Electric
Cooling Central Air,Ceiling Fan(s),Programmable Thmstat
Flooring Tile
Fireplaces Type 1 Fireplace
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool None
Roof Type Tile
Building
Lot Description Desert Back,Desert Front
Story 1
Builder Name Richmond American
Sewer Public Sewer
Water City Water
New Construction No
Schools
Elementary Schools Littleton Elementary School
Middle Schools Littleton Elementary School
High Schools West Point High School
School District Tolleson Union High School District
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition N/A,Owner/Agent