2420 E JOHN CABOT Road, Phoenix, AZ 85032 (MLS# 6960329)

2420 E JOHN CABOT Road, Phoenix, AZ 85032

New Listing

$4,100,000

Property Type: Comm/Industry Sale Square Footage: 1,830 Lot Size (sq. ft.): 9,338 Status: Active

Current Price: $4,100,000 List Date: 12/22/2025 Last Modified: 12/22/2025

Description

The subject portfolio consists of thirteen assisted living facilities across Phoenix, Glendale, Peoria, and Tempe. The homes have been operated as BHRF's (Behavioral Health Residential Facilities) for over 30 years through AllThrive365 (nonprofit), formerly known as Foundation for Senior Living (with over 50 years of operational history). The portfolio / sale is subject to a 10- year leaseback, providing an investor with a great passive income investment opportunity.

More Information MLS# 6960329

Contract Info

Ownership: Fee Simple Current Price: $4,100,000 List Price: $4,100,000 Status: Active List Date: 2025-12-22

Location, Tax & Legal

Assessor's Map #: 6 Legal Description (Abbrev): LOT 34 PEPPER RIDGE MCR Assessor's Parcel #: 38 Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 619500 Taxes: 0 Legal: LOT 34 PEPPER RIDGE MCR House Number: 2420 Compass: E Street Name: JOHN CABOT St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85032 Zip4: 1036 County Code: Maricopa Subdivision: PEPPER RIDGE Assessor Number: 214-06-038 Tax Year: 2025

General Property Description

Ttl Apx SqFt Bldg: 1830 # of Buildings: 13 Uncvrd Parking Spcs: 0 Year Built: 1986 Zoning: R-6

Currently Not Used

Sold Price Per SqFt: 2240.44

Legal Info

Range: 3E Section: 35 Township: 4N Lot Number: 34

Construction

Block: 1 Tilt-Up: 1 Wood Frame: 1

Roofing

Built-Up: 1 Rolled: 1 Other: 1

Floors

Other: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Other (See Remarks): 1

Business Type

Other: 1 See Remarks: 1

Pmt & Rate Info

Cap Rate: 6 Equity: 4100000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

See Remarks: 1

Cooling

See Remarks: 1

Interior Features

Other (See Remarks): 1

Loading Facilities

None: 1

Exterior

Other (See Remarks): 1

Source of Fincl Data

Owner: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

See Remarks: 1

Electric

APS: 1 SRP: 1

Gas

City Gas: 1

New Financing

Other (See Remarks): 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: 13 Locations Directions: See remarks Geo Lat: 33.649474 Geo Lon: -112.029886

Income Expenses

Net Operating Income: 246000

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Other; See Remarks Construction: Block; Tilt-Up; Wood Frame Roofing: Built-Up; Rolled; Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: See Remarks Cooling: See Remarks Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: None Parking Features: See Remarks Electric: APS; SRP Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear Environmental: None

Listing Office: R.O.I. Properties

Last Updated: December - 22 - 2025