- 9 Beds
- 3 Baths
- 3,093 Sqft
- .17 Acres
11074 W Tonto Street
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.
Essential Information
- MLS® #6858662
- Price$950,000
- Bedrooms9
- Bathrooms3.00
- Square Footage3,093
- Acres0.17
- Year Built2024
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive
Community Information
- Address11074 W Tonto Street
- SubdivisionVISTA DEL VERDE PHASE 4 REPLAT
- CityAvondale
- CountyMaricopa
- StateAZ
- Zip Code85323
Amenities
- UtilitiesSRP,SW Gas3
- Parking Spaces4
- # of Garages2
- PoolNone
Interior
- HeatingElectric
- FireplaceYes
- Fireplaces1 Fireplace
- # of Stories1
Interior Features
Double Vanity, Full Bth Master Bdrm
Cooling
Central Air, Ceiling Fan(s), Programmable Thmstat
Exterior
- Lot DescriptionDesert Back, Desert Front
- WindowsDual Pane
- RoofTile
- ConstructionStucco, Wood Frame
School Information
- ElementaryLittleton Elementary School
- MiddleLittleton Elementary School
- HighWest Point High School
District
Tolleson Union High School District
Listing Details
- OfficeHomeSmart Realty
HomeSmart Realty.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on May 1st, 2025 at 5:45am MST.