6201 West INDIANOLA Avenue Phoenix, AZ 85033

$465,000
8
Beds
3
Baths
0.18
Acres
2,459
SQFT
189
$/SQFT
$465,000
8
Beds
3
Baths
2,459   sf
$189 / sf
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Welcome to an exceptional opportunity for group home, sober living, and assisted living home operators! This fully-furnished 8 bedroom/3 bathroom residence is tailor-made for your next turnkey investment venture. Recently renovated, this property boasts thoughtful enhancements, including an expanded dining area featuring an additional refrigerator and cabinets, designed specifically to cater to increased bedroom capacity. Brand new 5 ton HVAC and ductwork installed 2023 which means proper and efficient airflow for every single bedroom. Currently, the individually leased bedrooms are commanding a total rental income of approximately $6000, yielding an impressive 10% cap rate.

Welcome to an exceptional opportunity for group home, sober living, and assisted living home operators! This fully-furnished 8 bedroom/3 bathroom residence is tailor-made for your next turnkey investment venture. Recently renovated, this property boasts thoughtful enhancements, including an expanded dining area featuring an additional refrigerator and cabinets, designed specifically to cater to increased bedroom capacity. Brand new 5 ton HVAC and ductwork installed 2023 which means proper and efficient airflow for every single bedroom. Currently, the individually leased bedrooms are commanding a total rental income of approximately $6000, yielding an impressive 10% cap rate.

Listed by:
My Home Group Real Estate

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

Community Features

  • No HOA

Exterior features

  • No Pool

Style

  • Ranch / One Story
  • Two Story
  • One Story

Property History

DateDays AgoEventNew Price
Aug 5, 20264 days agoPrice decreased5,000 (1%)$465,000
Jul 30, 202610 days agoPrice decreased5,000 (1%)$470,000
Jul 23, 202617 days agoPrice decreased4,900 (1%)$475,000
Jul 15, 202625 days agoNew on market$479,900
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