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17450 W Wood Drive

Surprise, AZ 85388
  • $1,250,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 6953468
UPDATED: 199 min ago
$1,250,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,071
    SQFT
  • $407
    $/SQFT
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Incredible passive-investment opportunity! This beautifully remodeled home was purpose-built for Assisted Living, offering 9 bedrooms plus an office and 6 bathroomsan 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.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than CANAM Realty Group. Data last updated 2025-12-16T00:12:14.957.
www.canamrealty.com/homes/171061958
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17450 W Wood Drive Surprise, AZ 85388

  • Price: $1,250,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 199 min ago
  • MLS #: 6953468
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,071
SQFT
$407
$/SQFT
Neighborhood:
Rancho Trugold Lot 2 Replat
County:
Maricopa
Area:
Surprise
Property Description
Incredible passive-investment opportunity! This beautifully remodeled home was purpose-built for Assisted Living, offering 9 bedrooms plus an office and 6 bathroomsan 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.
Exterior Features

Attached Garage YN No Construction Materials [] Covered Spaces 3 Open Parking Spaces 2 Parking Features Private

Interior Features

Cooling Central AirCeiling Fan(s) Cooling YN Yes Heating Natural Gas Heating YN Yes

Property Features

Current Financing Treat as Free & Clr Disclosures None Listing Terms 1031 ExchangeConventional Sewer Public Sewer Water Source City Franchise

Arizona Regional MLS logo Listing provided by Century 21 Toma Partners: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than CANAM Realty Group. Data last updated 2025-12-16T00:12:14.957.
 
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CANAM Realty Group
4435 E Chandler Blvd. Suite #100
Phoenix AZ, 85048