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Loving Phoenix Team | Real Broker
17450 W Wood Drive, Surprise, AZ 85388
- $1,085,000
- 3,071
- SqFt
- Sold Price
- $1,085,000
- List Price
- $1,250,000
Property Description
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.
Courtesy of Century 21 Toma Partners. 602-954-2000 Selling Office: My Home Group Real Estate.
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