1550 N 20 Bed Assisted Living RAL Place, Phoenix, AZ 85022

$2,245,000

Property Type: Business Opportunity Square Footage: 7,000 Status: Active

Current Price: $2,245,000 Last Modified: 11/10/2026

Overview

Description

Rare opportunity to acquire 2 neighboring Residential Assisted Livings Operations in Phoenix near Cave Creek & Greenway! Offering 20 bed license across two properties facing each other, available for SALE or LEASE together or separately: Property #1 features 7 bedrooms, 5 baths, 2,800 SF, licensed for 10 residents, upgraded FF&E, and a beautifully landscaped backyard. Offered at $995,000 real estate, $8,000/month lease, or $65,000 business. Prop #2 offers 10 bedrooms, 5 baths, 4,200 SF, large backyard, and pending license approval. Offered at $1.25M real estate, $9,500/month lease, or $65,000 business. Both fully renovated and move-in ready. Flexible lease terms; owner financing may be available. FF&E, LLC, and license included where applicable. NDA and proof of funds required for tours.

Listing Details MLS# 7104596

Location

House Number: 1550
Compass: N
Street Name: 20 Bed Assisted Living RAL
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85022
Country: US
County Code: Maricopa
Subdivision: MOUNTAIN VISTA UNIT 4
Assessor Number: 214-19-078

General Property Description

Sold Price Per SqFt: 320.71
Ttl Apx SqFt Bldg: 7000
# of Interior Levels: 2
Uncvrd Parking Spcs: 10
Flood Zone: No

Remarks Misc

Cross Street: Cave Creek& Greenway Rd
Directions: From Greenway, turn south on 20th St, first right on E Monte Cristo Ave, First left on 19th place. Home is located on the left.

Business Details

Year Established: 2016

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Contact Info

List Agent Home Phn: 623-476-5450

Property Features

Business Type: Health Services Form of Ownership: Other - See Remarks Sale Price Includes: Real Estate; Other - See Remarks Lease Information: 3 - 5 Years Hours of Operation: 7 Days/Week Type of Lease: Gross; Other - See Remarks Business Age: Less Than 1 Year Current Ownership: 1 - 3 Years Expenses Include: See Remarks Source of Fincl Data: Other (See Remarks) Parking Features: Paved Electric: SRP Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public Heating: Hot Water; Central Cooling: Electric Lockbox Type: Combo Current Financing 1: See Remarks Current Financing 2: See Remarks Current Financing 3: See Remarks New Financing: Other (See Remarks) Environmental: Other (See Remarks)

Listing Office: Prestige Realty

Office Phone: 602-944-2100

Office Email: ric_snapp@yahoo.com

Last Updated: November - 10 - 2026