Just reduced and priced at 11% Cap Rate with tenant in place until December 2024 and will renew for 12-18 month lease term! Seller willing to do up to a $150,000 seller carry back! Up for sale is a fully remodeled single family home in Chandler, Arizona with solar panels that is licensed as a behavioral health home for up to 5 residents. Home can be enlarged and licensed for up to 10 residents - will need to go through the City of Chandler. Current tenant in place since 2020 and renewed for a one year lease extension(ends 12/24) at $5,500/month and will sign a 12-18 month renewal when lease is up in December. Tenant owns and operates his own business, Arizona Children's Group Home, and will not be sold in conjunction with the property - just the property is for sale. $140/mo for solar and taxes are just under $1000/year with a total NOI of $65,000/year. Extremely easy rental with a 10.5% cap rate!! Tenant does not want to leave with potential to raise rent upon next renewal. Another option would be to start your own business when the current lease agreement ends - extremely rare to find a property in Chandler that can be licensed for up to 10 residents - once again the property is currently only licensed for up to 5.