11074 W Tonto St., Avondale, AZ 85323

11074 W Tonto St., Avondale, AZ 85323
Photo 1 of 31
$900,000
Beds Baths Sq. Ft. Taxes Built
9 3.00 3,093 $249 2024
On the market: 127 days

Est. Monthly Payment:

$5,410($5,389 + $21 taxes*)

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APPROVED
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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.
Listing courtesy of Christopher Vlad, HomeSmart Realty