11074 W Tonto St, Avondale, AZ 85323
$950,000
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Home Description
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.
- Pool: None
- Spa: None
- Garage Spaces: 2.00
- Interior: Double Vanity,Full Bth Master Bdrm
- Full Baths: 3
- Partial Baths: 0
- Fireplace: 1 Fireplace
- Flooring: Tile
Available now at $950,000
- Construction: Stucco,Wood Frame
- Lot: Desert Back,Desert Front
- Lot Sq Ft: 7560
- Water: City Water
- Tax Municipality: Avondale
- HOA 1 Fee: $95 Monthly
- HOA 1 Transfer Fee: $250
- Association Amenities: Rental OK (See Rmks)
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School Information
- District:Tolleson Union High School District (High School), Littleton Elementary District (Elementary)
- Elementary:Littleton Elementary School
- Junior High:Littleton Elementary School
- High School:West Point High School
Financial
- Approx Payment:$4,621*
- Taxes:$249
Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(602) 761-1447 and speak with one of our real estate consultants.
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Listing Courtesy of HomeSmart Realty.
For information or to schedule a viewing of this property (MLS# 6858662), call: 602-761-1447
11074 W Tonto St, Avondale AZ is a single family home of 3093 sqft and
is currently priced at $950,000
.
This single family home has 9 bedrooms.
In addition to single family homes, Highgarden also makes it easy to find Homes, New Homes and Foreclosures
in Avondale, AZ.
Alta Mira Rancho Santa Fe, Fulton Estates and Horizons West are nearby neighborhoods.
MLS 6858662 has been posted on this site since 4/29/2025 (today).