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142 W Ivanhoe Pl
Chandler, AZ 85225

$575,000 USD

Healthcare For Sale • 1,619 SF

Property Details

Property Type Healthcare
Total Building Size 1,619 SF
Year Built 1961
Cap Rate 10.96 %

36 Transit Score

75 Walk Score

                
                    Highlights
                
                                High grossing easy rental income property with property management in place and long term tenant.  Tenant runs a children's behavioral home for 5.
                            
                                Home was fully upgraded in 2018 including kitchen and bathrooms.  Possibility to expand and zone for 10 residents - huge opportunity. 
                            
                                Tenant in place since 2020 and would like to stay, current lease ends December 2023.  Room to increase rent to $5500-$6000 or expand.

Property Flyers

Professional Flyer_011523

Financial Summary

Cap Rate:

10.96 %

Public Transportation

Airport	Drive	Walk	Distance
Phoenix-Mesa Gateway	21 min	-	11.3 mi
Phoenix Sky Harbor International	27 min	-	17.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	Covered
Included in Rent:	Yes

Christopher Vlad 602-686-0653 Scottsdale Estates Assisted Living LLC

142 W Ivanhoe Pl Chandler, AZ 85225