AZ
Maricopa
Phoenix
85085
26808 N 24TH Avenue
26808 N 24TH Avenue, Phoenix, AZ 85085
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
39
$1,350,000

Home Details for 26808 N 24TH Avenue

Price
$1,350,000
Type
Business Opportunity
Square feet
3540
Lot size acres
0.2
County
Maricopa
Listing #
7073443
Listing Courtesy: Gile Commercial Real Estate - 602-980-3171
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Arizona logo Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: 2026-08-31 07:00:30
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Arizona.
EXIT REALTY - REALTY PLACE
501 E. Plaza Circle Suite P, Litchfield Park, AZ 85340
Office
623 412 8500
Request more details
Code: