Published on: Tuesday, May 7, 2024
Updated on: Tuesday, May 7, 2024
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About the Lister
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Name: Dallan Randall
Company: Commercial Properties Inc
Office Phone: 480-634-2320
Cell Phone: 480-262-1023
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  Fountain Assisted Living Center
2260 E Brown Rd Mesa Arizona , 85213
2260 E Brown Rd Mesa Arizona , 85213 Commercial Properties Inc
Listing ID: CL-Arizona-10460

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 15.45
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arizona-10460
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1974
Building Size: 7,326 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 19
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: Yes
Building Status: Existing
Listing Summary
Fountain Assisted Living Center, a well-established facility in Mesa, Arizona, dedicated to providing affordable, competent, and compassionate care
Complete Details
Year Build: 1974
Building Size: 7,326 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 19
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: B
Property on Ground Lease?: Yes
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
The fully renovated, single-story building offers a comfortable and secure environment for seniors seeking assistance with daily life. Fountain Assisted Living Center’s Mesa location puts residents within close proximity to essential amenities. These include healthcare facilities like Banner Baywood Medical Center (7.7 miles) and Dignity Health General Hospital Emergency Room (4.3 miles), urgent care clinics, and Brown Road Family Medicine right next door. Pharmacies such as Walgreens and Walmart are less than a mile away, along with grocery stores like Sprouts Farmers Market and Walmart Neighborhood Market. Residents can enjoy leisurely walks or outdoor activities at nearby Mountain View Park. The facility’s residential setting provides a tranquil environment while ensuring easy access to all that Mesa has to offer.
Additional Properties
Property Highlights
  • Prime location on E Brown Rd with excellent visibility.
  • Modern facility built with block construction and fire suppression sprinklers (completed in 2021 renovation).
  • Licensed for 27 beds, with current occupancy of 19 residents (66% occupancy rate). 19 on-site parking spots for residents and visitors.
  • Fully ADA accessible for residents with mobility limitations
  • Wide range of services including 24-hour care, home-cooked meals, daily activities, and more
Property Utilities
  • Personalized Care: Fountain Assisted Living Center offers 24-hour supervision by professional caregivers who work with residents to create individualized care plans.
  • Diverse Care Options: They cater to a wide range of needs, including elder care and residents with special needs, offering short-term and long-term stays.
  • Comfortable Living: Residents enjoy spacious floor plans, cozy common areas with fireplaces, and a secure, landscaped backyard for outdoor enjoyment.
  • Comprehensive Support: Services include daily activities, nutritious home-cooked meals, laundry and linen services, private telephones, cable TV, WiFi access, and more.expanding senior care market and provides a compelling investment opportunity.
Listing Location
Attached Documents
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