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(623) 521-6980
Real Estate Company
3225 N Pleasant View Drive, Prescott Valley, AZ 86314
- $1,200,000
- 10
- BD
- 5
- BA
- 3,302
- SqFt
- List Price
- $1,200,000
- Days on Market
- 14
- Status
- ACTIVE
- MLS#
- 7099775
- City
- Prescott Valley
- Bedrooms
- 10
- Bathrooms
- 5
- Living SQFT
- 3,302
- Lot Size
- 21,771
- Subdivision
- Lynx Lake Estates 2
- Year Built
- 1987
- Type
- Single Family Residence
Property Description
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.
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Additional Information
- High School
- Bradshaw Mountain High School
- Acres
- 0.50
- Assoc Fee Includes
- No Fees
- Builder Name
- unk
- Construction
- Wood Frame, Wood Siding
- Cooling
- Central Air
- Fencing
- Back Yard
- Heating
- Forced Air
- Living Area
- 3,302
- Lot Size
- 21,771
- New Financing
- Cash, 1031 Exchange
- Roofing
- Composition
- Sewer
- Public Sewer
- Spa
- None
- Stories
- 1
- Subdivision
- Lynx Lake Estates 2
- Taxes
- $3,351
- Tax Year
- 2025
- Water
- Public
Courtesy of Urban House Realty. 602-586-8447
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