Property Details

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.

Assisted Living Homes Portfolio

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