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+16238261981
My Home Group
17450 W Wood Drive, Surprise, AZ 85388
- $1,085,000
- 3,071
- SqFt
- Sold Price
- $1,085,000
- List Price
- $1,250,000
- Closing Date
- Feb 27, 2026
- Days on Market
- 106
- Status
- CLOSED
- MLS#
- 6953468
- City
- Surprise
- Living SQFT
- 3,071
- Lot Size
- 7,200
- Subdivision
- Rancho Trugold Lot 2 Replat
Property Description
Incredible passive-investment opportunity! This beautifully remodeled home was purpose-built for Assisted Living, offering 9 bedrooms plus an office and 6 bathrooms—an ideal layout for operators. A licensed Assisted Living tenant is already in place and entering the second year of a 5-year lease. Business is not for sale. Current lease rate is $8,712.50 with scheduled annual increases. Truly a hands-off investment where the owner simply collects rent checks while the tenant operates the business.
Additional Information
- Acres
- 0.17
- Cooling
- Central Air, Ceiling Fan(s)
- Electric
- APS
- Heating
- Natural Gas
- Living Area
- 3,071
- Lot Size
- 7,200
- New Financing
- Cash, 1031 Exchange, Conventional
- Parking Features
- Private
- Sewer
- Public Sewer
- Subdivision
- Rancho Trugold Lot 2 Replat
- Tenant Pays
- Sewer, Water, Trash Collection, Electricity, Liability Insurance
- Water
- City Franchise
Courtesy of Century 21 Toma Partners. 602-954-2000 Selling Office: My Home Group Real Estate.
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