000 E South Arcadia Assisted Living Lane, Phoenix, AZ 85008 (MLS# 6190073)

General Property Description

Ttl Apx SqFt Bldg: 8000 Uncvrd Parking Spcs: 8

Income & Expenses

Annual Gross Sales: 480000 Owners Draw Included: No Annual Owners Salary: 0 Annual Mngr Salary: 24000 Anl Int (Non-RelEst): 0 Annual Depreciation: 10000 Annual Fringes: 0 Adjusted Net Income: 180000 Apx Value of Cash: 0

Business Type

Professional Service: 1

Pmt & Rate Info

Equity: 3790000 Down Payment %: 10 Total Owed: 0

Showing Notification Methods

Text: 1

Lockbox Type

None: 1

Type of Lease

None: 1

Form of Ownership

Limited Liability Co: 1

Sale Price Includes

Goodwill: 1 Equipment: 1 Inventory: 1 Real Estate: 1 License(s): 1 Mgmt Consult Agrmt: 1 Other - See Remarks: 1

Lease Information

None: 1

Hours of Operation

Other - See Remarks: 1

Business Age

Less Than 1 Year: 1

Heating

Electric: 1

Current Ownership

Less Than 1 Year: 1

Cooling

Heat Pump: 1

Business Location

Corner Lot: 1 Free Standing Bldg: 1

Training

1 Month: 1

Expenses Include

Utilities: 1 Insurance: 1 Advertising: 1 Accounting: 1 Supplies: 1 Taxes - Real Estate: 1 Taxes - Payroll: 1 Licenses: 1 Repairs: 1 Payroll: 1 Telephone: 1

Business/Tenant Pays

Gas: 1 Electricity: 1 Exterior Repair: 1 Water: 1 Sewer: 1 Trash: 1 Capital Improvements: 1 Common Area Maint: 1 Fire Ins - Building: 1 Liability Insurance: 1

Source of Fincl Data

Owner: 1 Projected Proforma: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Private: 1 Paved: 1

Electric

SRP: 1

Gas

None: 1

New Financing

Cash: 1 Conventional: 1 SBA: 1

Current Financing 1

Treat as Free & Clr: 1

Current Financing 2

Treat as Free & Clr: 1

Current Financing 3

Treat as Free & Clr: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: SBA Loan Years: 25 Closing Cost Split: Normal - N Payment Type: Adjustable Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Contract Info

Current Price: $3,700,000 Sold Price: $3,700,000 Status: Closed List Date: 2021-02-04

Location

Map Code/Grid: P36 House Number: 000 Compass: E Street Name: South Arcadia Assisted Living St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 County Code: Maricopa Assessor Number: 000-00-000

Remarks Misc

Geo Lat: 33.490369 Geo Lon: -111.955509

Status Change Info

Off Market Date: 2021-08-10 Under Contract Date: 2021-08-01 Close of Escrow Date: 2021-08-10 Sold Price: $3,700,000

Income Expenses

Net Operating Income: 180000

Property Features

Business Type: Professional Service Form of Ownership: Limited Liability Co Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Mgmt Consult Agrmt; Other - See Remarks Lease Information: None Hours of Operation: Other - See Remarks Type of Lease: None Business Age: Less Than 1 Year Current Ownership: Less Than 1 Year Business Location: Corner Lot; Free Standing Bldg Training: 1 Month Expenses Include: Utilities; Insurance; Advertising; Accounting; Supplies; Taxes - Real Estate; Taxes - Payroll; Licenses; Repairs; Payroll; Telephone Source of Fincl Data: Owner; Projected Proforma Parking Features: Free; Private; Paved Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public Cooling: Heat Pump Showing Notification Methods: Text Lockbox Type: None Current Financing 1: Treat as Free & Clr Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Cash; Conventional; SBA Environmental: None