Behavioral Health Residential Portfolio For Sale 6 Sites

Asking Price$4,150,000

Gross Revenue
$396,000

Net Operating Income$350,000

FF&E$200,000
Included in asking price
Building Sq. Ft.13000

Price per Sq. Ft.$319.00

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Behavioral Health Residential Portfolio For Sale 6 Sites


Asking Price$4,150,000

Gross Revenue
$396,000

Net Operating Income$350,000

FF&E$200,000
Included in asking price
Building Sq. Ft.13000

Price per Sq. Ft.$319.00

Property Description
5 RESIDENTIAL BHRFS plus 1 OTC CLINIC; HIGH CAP RATE, HIGH CASH ON CASH from POT
This portfolio is comprised of 6 real estate assets for SALE: 5 residential BHRFs sites AND 1 Outpatient Treatment Center (OTC clinic), as follows: 1908 S 14Th St, Phoenix, AZ 85034, BHRF active license for 10. 17629 N 36Th St, Phoenix, AZ 85032, BHRF active license for 10. 1051 N Grand, Mesa, AZ 85201, BHRF active license for 10. 4948 W Pierson St, Phoenix, AZ 85031 Sober Living Potential; previously licensed for 5. 8201 W Earll Dr, Phoenix, AZ 85033 Sober Living Potential. Previously licensed for 6. 7150 N 58Th Ave, Glendale, AZ 85301. Outpatient Treatment Center Clinic. Active License.

ALL SITES ARE all VACANT (4 are licensed, 2 are not). Call for more details on the individual sites. Sites can be toured and sold individually. Mesa, AZ location is also available for lease as a separate site for $7,500 per month.

PASSIVE REAL ESTATE INVESTORS: A potential behavioral health PROVIDER/TENANT has been secured, and they are able/willing to lease ALL locations for 5-10 years for $33,000 with a 3% annual increase, providing a 10% cap rate, and 40-50% cash on cash return with a 20-25% downpayment. CALL NOW...IT WON'T LAST!
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
6 real estate assets for SALE: 5 residential BHRFs sites AND 1 Outpatient Treatment Center (OTC clinic), as follows: 1908 S 14Th St, Phoenix, AZ 85034, BHRF active license for 10.
17629 N 36Th St, Phoenix, AZ 85032, BHRF active license for 10.
1051 N Grand, Mesa, AZ 85201, BHRF active license for 10.
4948 W Pierson St, Phoenix, AZ 85031 Sober Living Potential; previously licensed for 5.
8201 W Earll Dr, Phoenix, AZ 85033 Sober Living Potential. Previously licensed for 6.
7150 N 58Th Ave, Glendale, AZ 85301. OTC clinic. Licensed. Free Standing Bldg.
Location Description
All sites are located and zoned residential, and are located in Phoenix, AZ. OTC clinic is located in Glendale, AZ. 1 BHRF location is located in Mesa, AZ.
Current and Prior Use
3 of the BHRFs are actively licensed for 10 beds. 2 sites have been planned to have been used as Sober Livings, and are not actively licensed. The OTC clinic is currently licensed. The sites have not been operational post licensing. No insurance contracts or AHCCCS IDs.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Owners are open to 1031 Exchange Conditions. Seller financing is not available is dif
Current Property Expenses
This varies from site to site. Normal rental residential property taxes, except the clinic which is zoned commercial.
Listing Info
ID:
2439178
Listing Views:
61

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Property Listed by: Daniel Robescu Prestige Realty

Listing ID: 2439178 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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