CALLING ALL INVESTORS, an exceptional investment opportunity awaits. Investor Only Opportunity | Home is a Licensed Residential Care Facility with Long-Term LeaseProperty located in the highly desirable Clemente Ranch community of Chandler, AZ 85286. This 2,253 sq ft single-family home features 5 bedrooms and 2 bathrooms and is currently operating as a licensed residential care facility. (Not a Sober living/halfway house) This property is leased to a long-term tenant under a 5-year agreement, generating $4,150 per month in rental income ($49,800 annually). With minimal landlord responsibilities, this asset offers a projected CAP rate of approximately 5.4%, making it a solid and stable addition to any investor's portfolio.Key Investment Highlights:" Long-term tenant in place (not owner-occupied)" Licensed and operating residential care facility" Stable $4,150/month lease through 2029 - With lease clause for increase yearly" Professionally managed" Located in Clemente Ranch - a highly sought-after Chandler neighborhood with proximity to A Rated Schools, freeways, medical centers, shopping, and diningThis is not a typical residential listing and is intended for investors seeking steady income with low turnover risk. For serious inquiries lease terms/license documentation available.
CALLING ALL INVESTORS, an exceptional investment opportunity awaits. Investor Only Opportunity | Home is a Licensed Residential Care Facility with Long-Term LeaseProperty located in the highly desirable Clemente Ranch community of Chandler, AZ 85286. This 2,253 sq ft single-family home features 5 bedrooms and 2 bathrooms and is currently operating as a licensed residential care facility. (Not a Sober living/halfway house) This property is leased to a long-term tenant under a 5-year agreement, generating $4,150 per month in rental income ($49,800 annually). With minimal landlord responsibilities, this asset offers a projected CAP rate of approximately 5.4%, making it a solid and stable addition to any investor's portfolio.Key Investment Highlights:" Long-term tenant in place (not owner-occupied)" Licensed and operating residential care facility" Stable $4,150/month lease through 2029 - With lease clause for increase yearly" Professionally managed" Located in Clemente Ranch - a highly sought-after Chandler neighborhood with proximity to A Rated Schools, freeways, medical centers, shopping, and diningThis is not a typical residential listing and is intended for investors seeking steady income with low turnover risk. For serious inquiries lease terms/license documentation available.
Neighborhood
Type
Total Baths
County
Maricopa
Area
Chandler
HOA Dues
$96/mo
Tax Amount
$2,866
Status
Active
Listing #
6854214
Built
2008
Lot Size
0.22
Listed on site
5 days
Listing Agent Phone
520-203-1890
Builder Name
Shea Homes