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ActiveAssisted Living

Assisted Living Home — N 14th St Portfolio

8607 N 14th St #229, Phoenix, AZ 85020
$1,650,000
10
Beds
3,800 SF
Building
0.28 acres
Lot Size
2010
Year Built
10.8%
Cap Rate
$165K
Price/Bed

About This Property

Part of a potential portfolio acquisition with adjacent 8603 N 14th St. Licensed 10-bed assisted living with strong operational metrics in North Central Phoenix.

Investment Highlights

Portfolio opportunity with 8603 N 14th St
Licensed 10-bed ALF
North Central Phoenix
10.8% cap rate

Financial Details

Metric
Value
Notes
Asking Price
$1,650,000
MLS
Gross Revenue
$540,000
Annual projected
Operating Expenses
$324,000
60% expense ratio
Net Operating Income
$216,000
Estimated
Debt Service
$119,040
25% down / 7% / 30yr
Cash Flow (Pre-Tax)
$96,960
Annual
Cash-on-Cash Return
12.8%
Levered

Interested in this property?

Contact Crawford Commercial for full details, financials, and to schedule a tour.

CC
Crawford Commercial
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