11074 W Tonto Street, Avondale, AZ 85323

Local realty services provided by:ERA Brokers Consolidated
11074 W Tonto Street,Avondale, AZ 85323
$950,000
  • 9 Beds
  • 3 Baths
  • 3,093 sq. ft.
  • Single family
  • Active
Listed by:christopher vlad
Office:homesmart realty
MLS#:6858662
Source:ARMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$307.15
  • Monthly HOA dues:$95

About this home

High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.

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Home facts

  • Year built:2024
  • Listing ID #:6858662
  • Updated:September 11, 2025 at 02:56 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,093 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Programmable Thermostat
  • Heating:Electric

Structure and exterior

  • Year built:2024
  • Building area:3,093 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:West Point High School
  • Middle school:Littleton Elementary School
  • Elementary school:Littleton Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$307.15
  • Tax amount:$249 (2024)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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