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6710 E FANFOL Drive Paradise Valley, AZ 85253

  • 8 Bed
  • 8 Bath
  • 3,600 sqft
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Residential-Active $ 1,775,000

MLS#: 6022473

Courtesy of: Daniel Mosher, HomeSmart

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Description

Investor Alert! Great Revenue property. Over 7% cap rate! Multi year lease remaining with licensed 10 bed assisted living facility. 8 beds/baths. Very high average revenue with all expenses except taxes and home insurance covered by tenant. Pictures do not include recent upgrades and additions. Picturesque setting on a quiet street in desirable PV with mature, beautiful landscaping and circular driveway invite you onto this 1 acre property. Home boasts multiple large venues and soaring vaulted ceilings. This home has a variety of other applications including Airbnb/VRBO, sober living, etc. Attached 500 sq ft guest house was extensively remodeled in 2014 and home in 2019. This property is not to be missed! No HOA.

Specifications


    Contract Information


  • Fee Simple

    Location, Tax & Legal


  • 5083.7

    General Property Description


  • Detached
  • 1
  • 4,001 - 4,500
  • 493.06
  • 42897

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