We are pleased to present an exceptional investment opportunity with this turn key, fully furnished and occupied, 23-bedroom 25-bathroom luxury assisted living portfolio located in the sought after area of North Phoenix. This exclusive offering provides the astute investor seeking cash flow and a higher cap rate, the chance to acquire Class 'A' properties in one of the nation’s most desirable communities for senior living. The two facilities are licensed through AZDHS for a maximum of 10 assisted living residents per home for a total of 20 residents. The 5,136sf home was fully renovated in 2021 and features: 13 fully furnished bedrooms each with en-suite bathrooms, 1 hall bathroom, spacious living room, family room, laundry room, 185sf garage storage , a gourmet chefs kitchen, formal dining area, and a multiple common seating areas, all designed to promote an active and social lifestyle. Outdoor features boast a walking path, and a tranquil patio area ideal for relaxation and social gatherings. The 3,607sf home was fully renovated in 2023 and features: 10 fully furnished bedrooms each with en-suite bathrooms, 1 office, 1 hall bathroom, spacious living room, family room, laundry room, 400sf garage storage , a gourmet chefs kitchen, formal dining area, and a multiple common seating areas, all designed to promote an active and social lifestyle. Outdoor features boast a walking path, and a large covered patio. Value add opportunity includes: increasing the resident rates, increasing license from 10 to 16 with City of Phoenix CofO exemption process, converting existing garages to livable square footage for large primary suite, or additional caregiver rooms. New owners can opt for training and a smooth transition with the current staff in place, ensuring a seamless takeover of operations. The property is strategically located within a short distance of several highly reputable healthcare facilities, adding a significant lifestyle, convenience, and wellness value for potential residents: Abrazo Arrowhead Campus (5.4 miles) Just about a 10-minute drive from the property, Abrazo Arrowhead Campus offers a robust range of medical services including cardiovascular care, advanced orthopedic surgery, and women’s health. Its 24-hour emergency care and obstetrics make it ideal for families and retirees seeking close access to comprehensive healthcare. HonorHealth Deer Valley Medical Center (6.6 miles) Approximately a 12-minute drive away, this state-of-the-art medical center delivers emergency care, advanced surgical services, and specialized treatments. Its location near major roadways ensures quick access during any urgent medical situations. HonorHealth Sonoran Crossing Medical Center (7 miles) Situated roughly 14 minutes from the property, this newer facility on Dove Valley Road is known for its advanced obstetrical and gynecological care, 24-hour emergency services, and top-tier surgical capabilities. It’s particularly attractive for families and professionals. Banner Thunderbird Medical Center (8.6 miles) A little over 15 minutes by car, Banner Thunderbird is one of the largest hospitals in the area, providing specialized services in behavioral health, heart care, cancer treatment, and more. This facility is a hub for comprehensive, advanced medical care. Gross monthly income potential exceeding $110,000 and an annual gross income surpassing $1,320,000! Don't miss this exceptional opportunity to own a thriving residential assisted living home with the potential for further growth and profitability. Schedule a private tour today!