3225 N Pleasant View Drive, Prescott Valley, AZ 86314

$1,200,000
10
BD
5
BA
3,302
SqFt

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List Price
$1,200,000
Status
ACTIVE
Days on Market
14
MLS#
7099775
Subtype
Residential
Year Built
1987
Bedrooms
10
Bathrooms
5
Full Baths
3
Half Baths
2
Living Area
3,302
Lot Size
21,771
Acres
0.50
Subdivision
Lynx Lake Estates 2

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.

Additional Information

Interior Features
Quartz Countertops
Taxes
$3,351
Appliances
Dishwasher, Refrigerator, Electric Cooktop, Microwave, Electric Oven, Electric Range, Washer, Dryer
Heating
Forced Air
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Wood Siding
Stories
1
High School
Bradshaw Mountain High School

Courtesy of Urban House Realty. 602-586-8447

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