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11074 W Tonto Street, 
Avondale, AZ 85323

$950,000


9

Beds


3

Baths


3,093

Sq Ft


Single Family

Active

Listed by

Christopher Vlad

Homesmart Realty

602-230-7600

Last updated:

April 30, 2025, 06:14 PM

MLS#

6858662

Source:

ARMLS

About This Home

11074 W Tonto Street

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.

Home Facts

Single Family

3 Baths

9 Bedrooms

Built in 2024

Price Summary

950,000

$307 per Sq. Ft.

MLS #:

6858662

Last Updated:

April 30, 2025, 06:14 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,093 Sq. Ft.


Structure

Structure

Building Area:

3,093 Sq. Ft.

Year Built:

2024


Lot

Lot Size (Sq. Ft):

7,560


Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$307 per Sq. Ft.

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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