4918 E Karen Dr., Scottsdale, AZ 85254

4918 E Karen Dr., Scottsdale, AZ 85254
Photo 1 of 10
$950,000
Sold on 6/12/23
Beds Baths Sq. Ft. Taxes Built
0.00 0 $3,405 1985
On the market: 57 days
View full details, 15 photos, school info, and price history
Looking for an exceptional investment opportunity in the assisted living sector? Look no further than this beautiful Scottsdale 10 bed assisted living facility! Boasting an impressive net operating income of $79,115.04, this facility is a proven moneymaker, with the owner earning a steady $7,000 per month in rental income. The property features 10 spacious and comfortable bedrooms, providing a warm and inviting environment for its residents. The current leases are below market rates, providing the potential for significant income growth for the new owner. The current lease expires on 4/30/24. The owner of the property covers the cost of insurance, home warranty, and property taxes, ensuring a hassle-free investment experience.
Listing courtesy of Daniel Papin, W and Partners, LLC