9900 E LUXURY ASSISTED LIVING Boulevard, Scottsdale, AZ 85260
$8,999,900
Property Type:
Business Opportunity
Square Footage:
16,000
Lot Size (sq. ft.):
33,562
Status:
Active
Current Price:
$8,999,900
Last Modified:
2/13/2026
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: ... (Read more)
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
- County Code
- Maricopa
- Subdivision
- DESERT WIND UNIT 2
- Assessor Number
- 217-26-233
General Property Description
- Sold Price Per SqFt
- 562.49
- Ttl Apx SqFt Bldg
- 16000
- # of Interior Levels
- Yes
- Uncvrd Parking Spcs
- 10
- Flood Zone
- No
Remarks Misc
- Cross Street
- 101 AND CACTUS
- Directions
- WILL BE DISCLOSED WITH NDA
Income Expenses
- Net Operating Income
- 560000
Showing Notification Methods
- Showing Service
- Aligned Showings
More Information
Contact Info
- List Agent Home Phn
- 623-476-5450
Income & Expenses
- Annual Gross Sales
- 1250000
- Owners Draw Included
- Yes
- Annual Owners Salary
- 120000
- Annual Mngr Salary
- 40000
- Anl Int (Non-RelEst)
- 10000
- Annual Depreciation
- 100000
- Annual Fringes
- 0
- Adjusted Net Income
- 520000
- Apx Value of Cash
- 200000
Business Type
- Health Services
- Yes
Pmt & Rate Info
- Equity
- 8999900
- Down Payment %
- 15
- Total Owed
- 0
Lockbox Type
- Other
- Yes
- See Private Remarks
- Yes
Type of Lease
- None
- Yes
Form of Ownership
- Limited Liability Co
- Yes
Sale Price Includes
- Goodwill
- Yes
- Equipment
- Yes
- Inventory
- Yes
- Real Estate
- Yes
- License(s)
- Yes
- Cvnt not to Compete
- Yes
- Mgmt Consult Agrmt
- Yes
- Other - See Remarks
- Yes
Lease Information
- None
- Yes
Hours of Operation
- 7 Days/Week
- Yes
Business Age
- 10+ Years
- Yes
Heating
- Ceiling
- Yes
- Electric
- Yes
Current Ownership
- 10+ Years
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
- Individual
- Yes
Expenses Include
- Utilities
- Yes
- Insurance
- Yes
- Advertising
- Yes
- Accounting
- Yes
- Legal
- Yes
- Supplies
- Yes
- Taxes - Real Estate
- Yes
- Taxes - Payroll
- Yes
- Licenses
- Yes
- Equipment Rental
- Yes
- Repairs
- Yes
- Payroll
- Yes
- Telephone
- Yes
- Owners Draw
- Yes
- See Remarks
- Yes
Business/Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Water
- Yes
- Sewer
- Yes
- Trash
- Yes
- Capital Improvements
- Yes
- Fire Ins - Building
- Yes
- Liability Insurance
- Yes
- See Remarks
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- Parking Lot
- Yes
- Private
- Yes
- Paved
- Yes
- Off Street
- Yes
- See Remarks
- Yes
Electric
- APS
- Yes
- City Electric
- Yes
- Underground
- Yes
- Individual Meter
- Yes
Gas
- Natural Gas
- Yes
- SW Gas
- Yes
- City Gas
- Yes
- Underground
- Yes
- Individual Meter
- Yes
New Financing
- Cash
- Yes
- Cash to Loan
- Yes
- Conventional
- Yes
- SBA
- Yes
- Owner May Carry
- Yes
- 1031 Exchange
- Yes
Current Financing 1
- Conventional
- Yes
Current Financing 2
- Treat as Free & Clr
- Yes
Current Financing 3
- Treat as Free & Clr
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
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
Listing Office:
Prestige Realty
Last Updated: February - 13 - 2026
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