Assisted Living Homes Portfolio
$3,950,000
6 homes at 2,936 +/- sf each |
Central Tucson, AZ
| Price: | $3,950,000 |
| Building Size: | 6 homes at 2,936 +/- sf each |
| Price/SF: | |
| Property Sub-type: | home rental |
| No. Stories: | 1 |
| Year Built: | 1998 Remodeled in 2014 |
| Lot Size: | 2 Lots at 0.7 ac +/- each |
| APN / Parcel ID: | |
| Listing ID | B137 |
HIGHLIGHTS
- 6 Similar homes on 2 parcels (3 homes per parcel).
- Each home contains 6 bedrooms, 3 bathrooms, 2 living rooms, a separate laundry room, and large kitchen/dining area.
- Real estate included, parcels are 1 mile apart in Central Tucson.
- Fully renovated in 2014 – new roof, new air conditioning units, and new plumbing. An additional $200k in renovations has also been completed since 2014.
- Great opportunity for behavioral health homes, substance abuse treatment facility or any other assisted living.
- Properties are fenced and gated. Licensed for 10 beds per home (60 total beds).
DESCRIPTION
- 6 Similar homes suited for assisted or community living.
- Each home contains 6 bedrooms, 3 bathrooms, 2 living rooms, a separate laundry room, and large kitchen/dining area.
- 3 Homes were built in 1996 and remodeled in 2014.
- 3 Homes were built in 1998 and remodeled in 2014.
- All homes are 1 story and zoned R4, allowing for 10 clients per house.
- Building size: 2,936 +/- sf per house
- 2 lots at 0.70 +/- ac each (3 houses per lot)
- Near bus stop and close to strong retail area including restaurants, grocery stores, and more.
- Near Tucson Medical Center and Tucson Botanical Gardens.
DEMOGRAPHICS
- Estimated 2019 population: 20,202 (1 mile); 124,471 (3 miles); 294,864 (5 miles).
- Average household income: $43,216 (1 mile); $55,724 (3 miles); 54,427 (5 miles).
- Renter occupied housing nearly 72% within 1 mile.
