11074 W Tonto Street Avondale, AZ 85323

9 Beds
3 Baths
3,093 Sqft
7,560 Sqft lot
0.17 Acre lot
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$950,000 Est. $3,498 / mo.*
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Status: Active
Property Type: Single Family Residence
Year Built: 2024
Neighborhood: Vista Del Verde Phase 4 Replat
Days on Website: 1

Courtesy of HomeSmart Realty {attribution_contact}

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.

Property Details and Features

  • 7,560 sqft
  • 0.17 acres
  • "Desert Back"
  • "Desert Front"
  • 3 total decimal bathrooms
  • 3 total bathrooms
  • 9 total bedrooms
  • Built in 2024
  • Living area: 3093
  • Construction materials: "Stucco", "Wood Frame"
  • "Central Air"
  • "Ceiling Fan(s)"
  • "Programmable Thmstat"
  • "Block"
  • "1 Fireplace"
  • "Tile"
  • 2 spaces
  • "Electric"
  • Association fee: $95
  • Association fee frequency: Monthly
  • Association fee includes: "Maintenance Grounds"
  • Association amenities: "Rental OK (See Rmks)"
  • "Double Vanity"
  • "Full Bth Master Bdrm"
  • Listing ID: 6858662
  • Standard status: Active
  • 1 day on market
  • Subdivision name: VISTA DEL VERDE PHASE 4 REPLAT
  • "None"
  • "Subject To Tenant Rights"
  • "Tile"
  • Elementary school: Littleton Elementary School
  • High school: West Point High School
  • High school district: Tolleson Union High School District
  • "Public Sewer"
  • Annual amount: $249
  • Lot: 55
  • "Dual Pane"

Location

$950,000 - 11074 W Tonto Street, Avondale, AZ 85323
11074 W Tonto Street Avondale, AZ 85323
Subdivision name: VISTA DEL VERDE PHASE 4 REPLAT

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This content last updated on May 1, 2025 12:06AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.