8880 N 107th Ave - Assisted Livings FOR SALE


Peoria, AZ 85345- South Peoria
$23,000,000 USD
602-989-9487
8880 N 107th Ave, Peoria, AZ for Sale
$23,000,000 USD
Assisted Livings - FOR SALE
1/18
null | Request Cap Rate

8880 N 107th Ave
Peoria, AZ 85345
South Peoria


HIGHLIGHTS

  • The Facility is licensed for 111 beds (90 Rooms).
  • 75 beds are licensed for Directed Care (Memory Care), which allows for the highest level of care.
  • 36 beds are licensed for Personal Care (Assisted Living)

OVERVIEW

The Mission at Agua Fria is a State-of-the-Art Senior Living and Memory Care facility built in 2018 and is located in Peoria Arizona, directly across from Sun City retirement community.  The facility is licensed for 111 beds (90 rooms).  75 beds are licensed for Directed Care (Memory Care), which allows for the highest level of care.  36 beds are licensed for Personal Care (Assisted Living).  A bonus to this opportunity is the 1.71 acres of land to the north side of the Facility that is prime for an additional 65+ units.  The City of Peoria has indicated they will support additional Assisted Living (AL, IL, MC) or 55+ age restricted apartments.  Adding these additional units will substantially increase the income to the overall project.  The Assisted Living facility has a separate Memory Care wing with four different floor plans to choose from. The facility is a two-story building that includes a Business Center, Beauty Salon, Library, Game room, Theater Room, Full Gym, MedyJet Massage Bed, Arts and Crafts Room, Dog Park, and a beautiful courtyard for residents to enjoy year-round. There are also two stand-alone electric charging stations (4 chargers) valued at $30,000, that were installed in 2021.

FOR SALE DETAILS

PRICE

$23,000,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Mission at Agua Fria

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.2 AC

LAND SF

313,632 SF

ZONING

C-2

APN/PARCEL ID

142-72-721

ASK ABOUT THIS PROPERTY

Linda Fritz-SalazarORION Investment Real EstateMore Info
602-989-9487

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Linda Fritz-SalazarORION Investment Real EstateMore Info
602-989-9487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.