




Courtesy of Gile Commercial Real Estate, Luis Espinoza Listing Contact: 602-373-9729
0 Baths
3,540 sqft
$1,299,999
26808 N 24TH Avenue, Phoenix AZ, 85085
Price per sqft$367.23
Property size3,540 sqft
Property typeCommercial
Overview
Active
Listed Aug 30, 2026
Updated 19h ago
Excellent investment opportunity! This Residential Assisted Living (RAL) property features **10 full bedrooms and 5 full bathrooms** and is currently leased through **March 2029**, providing immediate and predictable rental income. Current lease rate is **$8,500 per month ($102,000 annually)**. Offered at **$1,350,000**, providing an approximate **7.56% cap rate before owner-paid expenses**. Tenant is responsible for **all utilities and property maintenance**, making this an attractive low-management opportunity for a passive investor. Ideal for investors seeking stable cash flow with an established RAL operator already in place. Please do not disturb tenant. Buyer to verify all facts, figures, licensing, zoning, lease terms, and financial information.
Additional information
- MLS® ID
- 7073443
Interior Features
- Bathrooms
- 0
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.2 Acres
Courtesy of Gile Commercial Real Estate, Luis Espinoza
Listing Contact: 602-373-9729
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Data Last Updated: 3:28 AM UTC, 10/9/2026.