Seller Financing
Address
9900 E Luxury Assisted Living Boulevard, Scottsdale, AZ
Price
$ 6,800,000
Property Attributes
- ID#6980286
- TypeSingle Family
- Listing Status Active
- CountyMARICOPA
- CityScottsdale
- NeighborhoodDESERT WIND UNIT 2
- Zip85260
- StyleBusiness Opportunity
- Price$ 6,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage16000
- Lot Size0.77 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Located at the intersection of Jenan Drive and Cortez Street in Scottsdale, this premier health care and assisted living real estate offering presents a rare opportunity to acquire both the real estate and operating business of a luxury residential assisted living facility that has been in operation for 11 years. The property benefits from a highly visible location with exposure to more than 9,000 vehicles per day. It serves a densely populated trade area of over 515,900 residents who generated more than $437 million in medical spending in 2024. Within a five-mile radius, the property provides direct access to an aging population of over 39,000 residents aged 65 and older, supporting sustained long-term demand for senior housing and assisted living services. HUGE 2M PRICE REDUCTION: Real Estate reduced to 6.5M, while Business reduced to 300K. The property offers proximity to Loop 101 and close adjacency to HonorHealth Scottsdale Shea Medical Center, making it ideally positioned for health care operators. This luxury assisted living campus is offered for sale as real estate and a business, featuring approximately 16,000 square feet across a thoughtfully designed complex. The property includes 21 full-size bedrooms and 22.5 full-size bathrooms with walk-in showers, three large commercial-grade kitchens, five laundry rooms, multiple patios, serene outdoor walkways, and a central courtyard surrounded by covered patios, creating a safe and tranquil environment for residents. Additional amenities include a medication and supply room, a large administrative office, a dedicated rehab and workout room, an on-site beauty salon, and two casitas, along with private living quarters suitable for live-in. The building is divided into three distinct sections, including a 7,000 square foot assisted living care home with 13 bedrooms and 13.5 bathrooms, a 4,200 square foot casita with four bedrooms and five bathrooms, and a 3,000 square foot structure featuring an upstairs apartment, downstairs bedrooms, and a garage with four bedrooms and four bathrooms. The property is licensed for 10 beds, with the ability to increase capacity to 16 residents at no additional cost, providing immediate upside potential for operators.
| Price History | |
|---|---|
| 2/6/2026 | Listed $8,999,900 |
| 7/20/2026 | 25$6,800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Ceiling |
| Cooling | Central Air,Ceiling Fan(s),Electric,Varies by Unit |
| Electric | APS,City Electric,Underground,Individual Meter |
| Business Type | Health Services |
| County | Maricopa |
| Net Operating Income | 560000.0 |
| New Construction | No |
| Property Type | Business Opportunity |
| Attached Garage | No |
| Subdivision Name | DESERT WIND UNIT 2 |
| Status | Active |
| Directions | HUGE 2M PRICE REDUCTION: REAL ESTATE REDUCED TO 6.5M,WHILE REAL ESTATE REDUCED TO 300K. |
| City | Scottsdale |
| Disclosures | Seller Prop Disc Stm |
| Open Parking Spaces | 10.0 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 33562.0 |
| Carport Y/N | No |
| Current Financing | Conventional |
| Lease Renewal Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Senior Community | No |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
Exterior Features
| Parking Features | Off Street,Parking Lot,See Remarks,Paved,Private,Free |
|---|---|
| Water Source | City Franchise |
| Lot Size Area | 33562.0 |
| Spa | No |
| Lot Size Acres | 0.77 |
| Covered Spaces | 4.0 |
| Crops Included Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 85260
Price
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