Set-it-and-forget-it income for 1031 buyers: 10% cap on year-1 rent, growing with 5% annual increases. Licensed assisted living home leased to an experienced operator, licensed by ADHS for 10 residents incl. directed care. New 5-year lease thru 8/2031 at $10,000/mo plus 5-year renewal option. NNN except roof & structure; tenant pays taxes, insurance, utilities & maintenance. Secured by 2 personal guaranties, a corporate guaranty from the licensed operator & $10K deposit. Fully renovated in 2026: fire sprinklers, interconnected smoke/CO detectors, upgraded electrical, new flooring & baths. Prepaid Sunrun solar thru 2032 lowers operator costs. Single-level 3,302 sq ft on a half acre. By appt only; do not disturb residents or staff.
Listed By
Agency Name: Urban House Realty
Agency Phone: 602-586-8447
Shown By
Agent Name: Chris Nace
Agent Phone: (602) 696-5305
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 3,299.93 per month $2,670.68 Principal & Interest $279.25 Property Tax $350.00 Homeowner's Insurance
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3225 N Pleasant View Drive | MLS# 7099775
This single family home located at 3225 N Pleasant View Drive, Prescott Valley, AZ 86314 is currently listed for sale with an asking price of $1,200,000. This property was built in 1987 and has 10 bedrooms. N Pleasant View Drive is located in the LYNX LAKE ESTATES 2 subdivision within the Humboldt Unified District school district. Search LYNX LAKE ESTATES 2 real estate on cnace.arizonabest.com today.