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17450 West WOOD Drive Surprise, AZ 85388

$1,250,000
0.17
Acres
3,071
SQFT
407
$/SQFT
$1,250,000
3,071   sf
$407 / sf
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Incredible passive-investment opportunity! This beautifully remodeled home was purpose-built for Assisted Living, offering 9 bedrooms plus an office and 6 bathrooms—an ideal layout for operators. A licensed Assisted Living tenant is already in place and entering the second year of a 5-year lease. Business is not for sale. Current lease rate is $8,712.50 with scheduled annual increases. Truly a hands-off investment where the owner simply collects rent checks while the tenant operates the business.

Incredible passive-investment opportunity! This beautifully remodeled home was purpose-built for Assisted Living, offering 9 bedrooms plus an office and 6 bathrooms—an ideal layout for operators. A licensed Assisted Living tenant is already in place and entering the second year of a 5-year lease. Business is not for sale. Current lease rate is $8,712.50 with scheduled annual increases. Truly a hands-off investment where the owner simply collects rent checks while the tenant operates the business.

Listed by:
Century 21 Toma Partners

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Property Features

  • Gas Utilities

Exterior features

  • No Pool
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