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.
For sale
Price cut: $50K (6/10)
$900,000
11074 W Tonto St, Avondale, AZ 85323
9beds
3baths
3,093sqft
Est.:
Single Family Residence
Built in 2024
7,560 Square Feet Lot
$-- Zestimate®
$291/sqft
$95/mo HOA
What's special
New sprinkler systemAda bathroomsCustomized for assisted livingAssisted living homeSpacious bedroomsWalk in showersLarge dining room area
- 103 days
- on Zillow |
- 416 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 05:57am
Listed by:
Christopher Vlad 602-686-0653,
HomeSmart Realty
Source: ARMLS,MLS#: 6858662

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Features
- Double Vanity, Full Bth Master Bdrm
- Flooring: Tile
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace
Interior area
- Total structure area: 3,093
- Total interior livable area: 3,093 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Open
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 7,560 Square Feet
- Features: Desert Back, Desert Front
Details
- Parcel number: 10109498
- Special conditions: Owner/Agent
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Tile
Condition
- Complete Spec Home
- Year built: 2024
Details
- Builder name: Richmond American
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: VISTA DEL VERDE PHASE 4 REPLAT
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $95 monthly
- HOA name: Trestle Property Man
- HOA phone: 480-422-0888
Location
- Region: Avondale
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $14,200
- Annual tax amount: $249
- Date on market: 4/29/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Ownership: Fee Simple
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