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1707 E CITATION LN
TEMPE, AZ 85284
Asking Price
$1.60M
Cap Rate
11.25%
Asset Type
Senior living
Class
Class B
What's Special
Fully Operational Assisted Living Investment Opportunity <p>Ark of Life is strategically located in a well-established residential area with strong demand drivers for senior housing. The property benefits from close proximity to major healthcare providers, including hospitals, medical centers, and specialty clinics, ensuring convenient access to essential services for residents.</p><p></p><p>Nearby amenities include grocery stores, pharmacies, dining options, and retail centers, providing ease of daily living for both residents and staff. The surround
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124