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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 11h 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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Order Real Estate Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 3:28 AM UTC, 10/9/2026.

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