$5,200
Phoenix, AZ 85022
MLS# 6917073
Status: Closed
Property Description
Turn-key opportunity for operators seeking a ready-to-go transitional housing property in Phoenix! This 4-bedroom, 3-bathroom home with a pool has a proven track record and comes with licensing history, making it ideal to continue operating as transitional housing. The Seller has invested $40,000 in recent upgrades, so the property is modern, well-maintained, and move-in ready. The NNN lease is $5,500/month for 5 years, with tenant responsibilities covering prorated property taxes, insurance, pool maintenance, property upkeep, and utilities—giving you full control of the business while maintaining the property efficiently. With all upgrades in place and an established setup, you can immediately operate and grow your transitional housing services ...Take your business to a high
Details
Maps
Contract Info
Lease Type: NNN
Current Price: $5,200
Lease Price/HiSeason: 5500
Status: Closed
List Date: 2025-09-09
Location, Tax & Legal
Assessor's Map #: 50
Legal Description (Abbrev): LOT 525 CAVE CREEK UNIT 3 MCR 026836
Assessor's Parcel #: 196
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103607
Taxes: 2523
Legal: LOT 525 CAVE CREEK UNIT 3 MCR 026836
House Number: 1927
Compass: E
Street Name: CROCUS
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85022
Zip4: 4512
County Code: Maricopa
Subdivision: CAVE CREEK UNIT 3
Assessor Number: 214-50-196
Tax Year: 2024
General Property Description
Type of Property: Transitional Housing
Ttl Apx SqFt Bldg: 2019
Ttl Apx Net Rnt Spc: 2019
# of Buildings: 1
Uncvrd Parking Spcs: 2
Stories: 2
Mntly Lse Prc P/SqFt: 2.72
Flood Zone: TBD
Year Built: 1986
Zoning: R-1-6
Legal Info
Range: 3E
Section: 10
Township: 3N
Lot Number: 525
Construction
Wood Frame: 1
Roofing
Tile: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Building Type
Other (See Remarks): 1
Business Type
Other: 1
See Remarks: 1
Lease Info
Suite Size Avail Max: 2019
Space Divisible: No
Annual Lease Price: 66000
Annual Lse Prc P/SF: 0
Base Rent Escalation: Yes
Lease Year (Min-Max): 5-15
Annual CAM/SqFt: 0
Annual Exp Stop/SqFt: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Type of Lease
NNN: 1
Ceiling Height
8 Feet or Less: 1
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
Cooling
Heat Pump: 1
Landlord Pays
Electric: 1
None: 1
Loading Facilities
None: 1
Tenant Pays
Water: 1
Electricity: 1
Sewer: 1
Exterior Repair: 1
Trash Collection: 1
Fire Insurance: 1
Contents Insurance: 1
Liability Insurance: 1
Janitorial Service: 1
Taxes: 1
Other (See Remarks): 1
Move in Costs
1st Months Rent: 1
Deposit(s): 1
Water Source
City Franchise: 1
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Structure: 1
Paved: 1
See Remarks: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Lease Includes
Building & Land: 1
Personal Property: 1
Lease Conditions
Other (See Remarks): 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Sch of Personal Prop: 1
Other (See Remarks): 1
Environmental
None: 1
Remarks Misc
Geo Lat: 33.61577
Geo Lon: -112.040776
Status Change Info
Off Market Date: 2025-12-10
Under Contract Date: 2025-12-09
Close of Escrow Date: 2025-12-10
Sold Price: $5,200
Property Features
Building Type: Other (See Remarks)
Business Type: Other; See Remarks
Type of Lease: NNN
Construction: Wood Frame
Roofing: Tile
Floors: Vinyl; Ceramic Tile
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Heat Pump
Landlord Pays: Electric; None
Tenant Pays: Electricity; Exterior Repair; Water; Sewer; Trash Collection; Fire Insurance; Contents Insurance; Liability Insurance; Janitorial Service; Taxes; Other (See Remarks)
Move in Costs: 1st Months Rent; Deposit(s)
Loading Facilities: None
Parking Features: Free; Parking Structure; Paved; See Remarks
Electric: APS; Individual Meter
Gas: None
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Lease Includes: Building & Land; Personal Property
Lease Conditions: Other (See Remarks)
Lockbox Type: Supra
Environmental: None
Supplements
Turn-key opportunity for operators seeking a ready-to-go transitional housing property in Phoenix! This 4-bedroom, 3-bathroom home with a pool has a proven track record and comes with licensing history, making it ideal to continue operating as transitional housing. The Seller has invested $40,000 in recent upgrades, so the property is modern, well-maintained, and move-in ready.
The NNN lease is $5,500/month for 5 years, with tenant responsibilities covering prorated property taxes, insurance, pool maintenance, property upkeep, and utilitiesgiving you full control of the business while maintaining the property efficiently. With all upgrades in place and an established setup, you can immediately operate and grow your transitional housing services ...Take your business to a higher level.
Don't miss this rare opportunity to lease a property that has been used for licensed transitional housing or a group home.
Tenant to verify all facts and figures.
Listing Office: Gerchick Real Estate
Last Updated: December - 10 - 2025
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