11074 W Tonto St, Avondale, AZ 85323 For Sale in Vista Del Verde Phase 4 Replat
Expert Opinion
High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.
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House Details
9 Bedrooms
3.0 Bathrooms
3,093 Square Ft
Built 2024Current List Price
$950,000Days On Market
138 Days
0.17 Acres
2 Garage Spaces
1 Levels
NLocation
VISTA DEL VERDE PHASE 4 REPLAT
11074 TONTO, Avondale, AZ 85323
Major Cross Streets: 107th Ave and Buckeye
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Complete Details About This Home
StatusActive
Price$950,000
Price per SF$307.15
Property Tax$249 for 2024
Parcel Number101-09-498
Days On Market138
Property TypeSingle Family
Bedrooms9
Baths3.0
Inside Area (SqFt)3,093
Number of Stories1
Lot Size0.17 Acres
Private PoolN
Community PoolN
Year Built2024
MLS® Number6858662
Tandem GarageN/A
Garage Spaces2
Master Walk-in ClosetN/A
HOA Y/NY
HOA Fee$95.00
HOA Fees PaidMonthly
Interior Features
Kitchen Features
Dishwasher, Built-in Microwave, Range/Oven Gas, Refrigerator, Disposal
Cooling
Ceiling Fan(s), Programmable Thmstat, Central Air
Fireplace Features
1 Fireplace
Heating
Electric
Utilities
SRP, SW Gas
Interior Features
None
Laundry
Washer Included, Dryer Included
Flooring
Tile
Exterior Features
Exterior Features
None
Property Description
None
Construction Finish
Stucco
Fencing
Block
Roofing
Tile
Construction
Wood Frame
Community Features
Community Features
None
Association Fee Includes
Common Area Maint
School Information
Elementary School
Littleton Elementary
Jr. High School
Littleton Elementary
High School
West Point High
MLS Description
High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.
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Listing courtesy of HomeSmart Realty.