Highlights:
• Prime residential assisted living facility with over 16,000 square feet of living space under the roof line.
• High and stable cash flow private-pay model that generates an average gross income of $115,000 per month or $1,300,000 per year.
• Well-established and efficient systems for staff who enjoy their own private quarters, care delivery, compliance, and family communication.
• 21 bedrooms, 22.5 bathrooms with walk-in showers, 3 large kitchens, 5 laundry rooms, a rehab room, an office, a salon, and 2 casitas.
• 11 Years of operation with an outstanding reputation in the local market, which is ideal for owner-operators with large families or investors.
• Uniquely designed as an elegant private residence, yet highly efficient and functional as a residential care home.

Located at the intersection of Jenan Drive and Cortez Street in Scottsdale, this premier health care and assisted living real estate offering presents a rare opportunity to acquire both the real estate and operating business of a luxury residential assisted living facility that has been in operation for 11 years.

The property benefits from a highly visible location with exposure to more than 9,000 vehicles per day. It serves a densely populated trade area of over 515,900 residents who generated more than $437 million in medical spending in 2024. Within a five-mile radius, the property provides direct access to an aging population of over 39,000 residents aged 65 and older, supporting sustained long-term demand for senior housing and assisted living services. The property offers proximity to Loop 101 and close adjacency to HonorHealth Scottsdale Shea Medical Center, making it ideally positioned for health care operators.

This luxury assisted living campus is offered for sale as real estate and a business, featuring approximately 16,000 square feet across a thoughtfully designed complex. The property includes 21 full-size bedrooms and 22.5 full-size bathrooms with walk-in showers, three large commercial-grade kitchens, five laundry rooms, multiple patios, serene outdoor walkways, and a central courtyard surrounded by covered patios, creating a safe and tranquil environment for residents. Additional amenities include a medication and supply room, a large administrative office, a dedicated rehab and workout room, an on-site beauty salon, and two casitas, along with private living quarters suitable for live-in.

The building is divided into three distinct sections, including a 7,000?square?foot assisted living care home with 13 bedrooms and 13.5 bathrooms, a 4,200?square?foot casita with four bedrooms and five bathrooms, and a 3,000?square?foot structure featuring an upstairs apartment, downstairs bedrooms, and a garage with four bedrooms and four bathrooms. The property is licensed for 10 beds, with the ability to increase capacity to 16 residents at no additional cost, providing immediate upside potential for operators.