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9900 E LUXURY ASSISTED LIVING Boulevard

Scottsdale, AZ 85260

Scottsdale, AZ 85260

9900 E LUXURY ASSISTED LIVING Boulevard

$6,800,000

MLS#: 6980286

Status: Active

Listing provided by: Prestige Realty

Listing agent phone: None

Last update: 10 days ago

On site: 5 months ago

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DESERT WIND UNIT 2 - Business Opportunity

About

Located at the intersection of Jenan Drive and Cortez Street in Scottsdale, this premier health care and assisted living real estate offering presents a rare opportunity to acquire both the real estate and operating business of a luxury residential assisted living facility that has been in operation for 11 years. The property benefits from a highly visible location with exposure to more than 9,000 vehicles per day. It serves a densely populated trade area of over 515,900 residents who generated more than $437 million in medical spending in 2024. Within a five-mile radius, the property provides direct access to an aging population of over 39,000 residents aged 65 and older, supporting sustained long-term demand for senior housing and assisted living services. HUGE 2M PRICE REDUCTION: Real Estate reduced to 6.5M, while Business reduced to 300K. The property offers proximity to Loop 101 and close adjacency to HonorHealth Scottsdale Shea Medical Center, making it ideally positioned for health care operators. This luxury assisted living campus is offered for sale as real estate and a business, featuring approximately 16,000 square feet across a thoughtfully designed complex. The property includes 21 full-size bedrooms and 22.5 full-size bathrooms with walk-in showers, three large commercial-grade kitchens, five laundry rooms, multiple patios, serene outdoor walkways, and a central courtyard surrounded by covered patios, creating a safe and tranquil environment for residents. Additional amenities include a medication and supply room, a large administrative office, a dedicated rehab and workout room, an on-site beauty salon, and two casitas, along with private living quarters suitable for live-in. The building is divided into three distinct sections, including a 7,000 square foot assisted living care home with 13 bedrooms and 13.5 bathrooms, a 4,200 square foot casita with four bedrooms and five bathrooms, and a 3,000 square foot structure featuring an upstairs apartment, downstairs bedrooms, and a garage with four bedrooms and four bathrooms. The property is licensed for 10 beds, with the ability to increase capacity to 16 residents at no additional cost, providing immediate upside potential for operators.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

16,000

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Ceiling

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Off Street, Parking Lot, See Remarks, Paved, Private

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.77

  • Lot Size(square feet)

    33,562

  • Property Type

    Business Opportunity

  • Property Sub Type

    Business

Price

  • Sales Price

    $6,800,000

  • Sq. Footage

    16,000

  • Price/SqFt

    $425

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Daniel Robescu , Prestige Realty

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Agent Mandy Gold

Mandy Gold

Associate Broker / Realtor®/ Team Lead

Call Mandy today to schedule a private showing.

Phone (520) 508-4855

Email mandy@mandygoldteam.com


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Located at the intersection of Jenan Drive and Cortez Street in Scottsdale, this premier health care and assisted living real estate offering presents a rare opportunity to acquire both the real estate and operating business of a luxury residential assisted living facility that has been in operation for 11 years. The property benefits from a highly visible location with exposure to more than 9,000 vehicles per day. It serves a densely populated trade area of over 515,900 residents who generated more than $437 million in medical spending in 2024. Within a five-mile radius, the property provides direct access to an aging population of over 39,000 residents aged 65 and older, supporting sustained long-term demand for senior housing and assisted living services. HUGE 2M PRICE REDUCTION: Real Estate reduced to 6.5M, while Business reduced to 300K. The property offers proximity to Loop 101 and close adjacency to HonorHealth Scottsdale Shea Medical Center, making it ideally positioned for health care operators. This luxury assisted living campus is offered for sale as real estate and a business, featuring approximately 16,000 square feet across a thoughtfully designed complex. The property includes 21 full-size bedrooms and 22.5 full-size bathrooms with walk-in showers, three large commercial-grade kitchens, five laundry rooms, multiple patios, serene outdoor walkways, and a central courtyard surrounded by covered patios, creating a safe and tranquil environment for residents. Additional amenities include a medication and supply room, a large administrative office, a dedicated rehab and workout room, an on-site beauty salon, and two casitas, along with private living quarters suitable for live-in. The building is divided into three distinct sections, including a 7,000 square foot assisted living care home with 13 bedrooms and 13.5 bathrooms, a 4,200 square foot casita with four bedrooms and five bathrooms, and a 3,000 square foot structure featuring an upstairs apartment, downstairs bedrooms, and a garage with four bedrooms and four bathrooms. The property is licensed for 10 beds, with the ability to increase capacity to 16 residents at no additional cost, providing immediate upside potential for operators.

9900 E LUXURY ASSISTED LIVING Boulevard

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