9900 E LUXURY ASSISTED LIVING Boulevard, Scottsdale, AZ 85260 (MLS# 6980286)

9900 E LUXURY ASSISTED LIVING Boulevard, Scottsdale, AZ 85260

$6,800,000
Property Type: Business Opportunity Square Footage: 16,000 Lot Size (sq. ft.): 33,562 Status: Active
Current Price: $6,800,000 Last Modified: 7/20/2026

Overview

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.

Supplements: 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 a ...

Listing Details MLS# 6980286

Location

House Number
9900
Compass
E
Street Name
LUXURY ASSISTED LIVING
St Suffix
Boulevard
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85260
Zip4
5907
Country
US
County Code
Maricopa
Subdivision
DESERT WIND UNIT 2
Assessor Number
217-26-233

General Property Description

Sold Price Per SqFt
425
Ttl Apx SqFt Bldg
16000
# of Interior Levels
Yes
Uncvrd Parking Spcs
10
Flood Zone
No

Remarks Misc

Cross Street
101 AND CACTUS
Directions
HUGE 2M PRICE REDUCTION: REAL ESTATE REDUCED TO 6.5M, WHILE REAL ESTATE REDUCED TO 300K.

Income Expenses

Net Operating Income
560000

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: Limited Liability Co Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Cvnt not to Compete; Mgmt Consult Agrmt; Other - See Remarks Lease Information: None Hours of Operation: 7 Days/Week Type of Lease: None Business Age: 10+ Years Current Ownership: 10+ Years Expenses Include: Utilities; Insurance; Advertising; Accounting; Legal; Supplies; Taxes - Real Estate; Taxes - Payroll; Licenses; Equipment Rental; Repairs; Payroll; Telephone; Owners Draw; See Remarks Source of Fincl Data: Owner Parking Features: Free; Parking Lot; Private; Paved; Off Street; See Remarks Electric: APS; City Electric; Underground; Individual Meter Gas: Natural Gas; SW Gas; City Gas; Underground; Individual Meter Water Source: City Franchise Sewer: Sewer - Public Heating: Ceiling Cooling: Ceiling Fan(s); Electric; Individual; Central Air Lockbox Type: Other; See Private Remarks Current Financing 1: Conventional Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Cash; Cash to Loan; Conventional; SBA; Owner May Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Prestige Realty
Last Updated: July - 20 - 2026
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