11074 W Tonto Street, Avondale, AZ 85323
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
11074 W Tonto Street,Avondale, AZ 85323
$900,000
- 9 Beds
- 3 Baths
- 3,093 sq. ft.
- Single family
- Pending
Listed by:christopher vlad
Office:homesmart realty
MLS#:6858662
Source:ARMLS
Price summary
- Price:$900,000
- Price per sq. ft.:$290.98
About this home
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.
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Home facts
- Year built:2024
- Listing Id #:6858662
- Updated:August 16, 2025 at 04:36 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,093 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Programmable Thermostat
- Heating:Electric
Structure and exterior
- Year built:2024
- Building area:3,093 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:West Point High School
- Middle school:Littleton Elementary School
- Elementary school:Littleton Elementary School
Utilities
- Water:City Water
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$290.98
- Tax amount:$249
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