Seller Financing
Address
9900 E Luxury Assisted Living Boulevard, Scottsdale, AZ
Price
$ 6,800,000
Property Attributes
  • MLS#6980286
  • TypeSingle Family
  • Listing Status Active
  • CountyMARICOPA
  • CityScottsdale
  • NeighborhoodDESERT WIND UNIT 2
  • Zip85260
  • StyleBusiness Opportunity
  • Price$ 6,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16000
  • Lot Size0.77 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Located at the intersection of Jenan Drive and Cortez Street in Scottsdale, this premier health care and assisted living real estate offering presents a rare opportunity to acquire both the real estate and operating business of a luxury residential assisted living facility that has been in operation for 11 years. The property benefits from a highly visible location with exposure to more than 9,000 vehicles per day. It serves a densely populated trade area of over 515,900 residents who generated more than $437 million in medical spending in 2024. Within a five-mile radius, the property provides direct access to an aging population of over 39,000 residents aged 65 and older, supporting sustained long-term demand for senior housing and assisted living services. HUGE 2M PRICE REDUCTION: Real Estate reduced to 6.5M, while Business reduced to 300K. The property offers proximity to Loop 101 and close adjacency to HonorHealth Scottsdale Shea Medical Center, making it ideally positioned for health care operators. This luxury assisted living campus is offered for sale as real estate and a business, featuring approximately 16,000 square feet across a thoughtfully designed complex. The property includes 21 full-size bedrooms and 22.5 full-size bathrooms with walk-in showers, three large commercial-grade kitchens, five laundry rooms, multiple patios, serene outdoor walkways, and a central courtyard surrounded by covered patios, creating a safe and tranquil environment for residents. Additional amenities include a medication and supply room, a large administrative office, a dedicated rehab and workout room, an on-site beauty salon, and two casitas, along with private living quarters suitable for live-in. The building is divided into three distinct sections, including a 7,000 square foot assisted living care home with 13 bedrooms and 13.5 bathrooms, a 4,200 square foot casita with four bedrooms and five bathrooms, and a 3,000 square foot structure featuring an upstairs apartment, downstairs bedrooms, and a garage with four bedrooms and four bathrooms. The property is licensed for 10 beds, with the ability to increase capacity to 16 residents at no additional cost, providing immediate upside potential for operators.

Price History
2/6/2026 Listed $8,999,900
7/20/2026 25$6,800,000

General Features

Sewer Public Sewer
Heating Electric,Ceiling
Cooling Central Air,Ceiling Fan(s),Electric,Individual
Electric APS,City Electric,Underground,Individual Meter
Business Type Health Services
County Maricopa
Net Operating Income 560000.0
New Construction No
Property Type Business Opportunity
Attached Garage No
Subdivision Name DESERT WIND UNIT 2
Status Active
Directions HUGE 2M PRICE REDUCTION: REAL ESTATE REDUCED TO 6.5M,WHILE REAL ESTATE REDUCED TO 300K.
City Scottsdale
Disclosures Seller Prop Disc Stm
Open Parking Spaces 10.0
Lot Size Units Square Feet
Lot Size Square Feet 33562.0
Carport Y/N No
Current Financing Conventional
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
MobileHomeRemainsYN No
Senior Community No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Parking Features Off Street,Parking Lot,See Remarks,Paved,Private,Free
Water Source City Franchise
Lot Size Area 33562.0
Spa No
Lot Size Acres 0.77
Covered Spaces 4.0
Crops Included Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 85260

Price
AVG $2.55M
$6.8M
Visits
AVG 153
343
Data Provided by Inside Real Estate®

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