This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

4739 E Lewis Ave - 20 unit South Arcadia Assisted Living

8,163 SF Health Care Building Offered at $6,742,464 CAD at a 18.75% Cap Rate in Phoenix, AZ 85008

Investment Highlights

  • New Construction
  • A+ custom assisted living floor plans
  • large covered patios
  • 11 bedrooms & 12 bathrooms per home, for a total of 22 bedrooms & 24 bathrooms for the portfolio
  • En suite private bedrooms

Executive Summary

Rare opportunity to own a beautiful New Construction luxury assisted living portfolio in South Arcadia! Brand new construction, this 23 unit portfolio consists of Two 10 bedroom homes and One 3 bedroom home! Current gross income is over $90,000/mo!

Financial Summary (Pro forma - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $1,687,680 $206.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,687,680 $206.75
Taxes - -
Operating Expenses $720,077 $88.21
Total Expenses $720,077 $88.21
Net Operating Income - -

Financial Summary (Pro forma - 2023)

Gross Rental Income (CAD)
Annual $1,687,680
Annual Per SF $206.75
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,687,680
Annual Per SF $206.75
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $720,077
Annual Per SF $88.21
Total Expenses (CAD)
Annual $720,077
Annual Per SF $88.21
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $6,742,464 CAD
Price Per Bed $337,123 CAD
Sale Type Investment or Owner User
Cap Rate 18.75%
Property Type Health Care
Property Subtype Assisted Living
Lot Size 0.56 AC
Building Size 8,163 SF
No. Beds 20
No. Stories 1
Year Built 2021

Room Mix Information

Description No. Beds
- 20
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code Residential
Residential
  • Listing ID: 26756437

  • Date on Market: 2022-10-01

  • Last Updated:

  • Address: 4739 E Lewis Ave, Phoenix, AZ 85008

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}