$6,800,000
9900 E LUXURY ASSISTED LIVING BoulevardScottsdale, AZ 85260
MLS# 6980286

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Property DescriptionLocated 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.
Details
General Property Description
Sold Price Per SqFt: 425
Ttl Apx SqFt Bldg: 16000
# of Interior Levels: 1
Uncvrd Parking Spcs: 10
Flood Zone: No
Income & Expenses
Net Operating Income: 560,000
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 623-476-5450
Contract Info
Current Price: $6,800,000
List Price: $6,800,000
Status: Active
List Date: 2026-02-05
Location
House Number: 9900
Compass: E
Street Name: LUXURY ASSISTED LIVING
St Suffix: Boulevard
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
Zip4: 5907
Country: US
County Code: Maricopa
Subdivision: DESERT WIND UNIT 2
Assessor Number: 217-26-233
Remarks Misc
Cross Street: 101 AND CACTUS
Directions: HUGE 2M PRICE REDUCTION: REAL ESTATE REDUCED TO 6.5M, WHILE REAL ESTATE REDUCED TO 300K.
Geo Lat: 33.593604
Geo Lon: -111.870032
Property Features
Business Type: Health Services
Form of Ownership: Limited Liability Co
Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Cvnt not to Compete; Mgmt Consult Agrmt; Other - See Remarks
Lease Information: None
Hours of Operation: 7 Days/Week
Type of Lease: None
Business Age: 10+ Years
Current Ownership: 10+ Years
Expenses Include: Utilities; Insurance; Advertising; Accounting; Legal; Supplies; Taxes - Real Estate; Taxes - Payroll; Licenses; Equipment Rental; Repairs; Payroll; Telephone; Owners Draw; See Remarks
Source of Fincl Data: Owner
Parking Features: Free; Parking Lot; Private; Paved; Off Street; See Remarks
Electric: APS; City Electric; Underground; Individual Meter
Gas: Natural Gas; SW Gas; City Gas; Underground; Individual Meter
Water Source: City Franchise
Sewer: Sewer - Public
Heating: Ceiling; Electric
Cooling: Ceiling Fan(s); Central Air; Electric; Individual
Lockbox Type: Other; See Private Remarks
Current Financing 1: Conventional
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Cash to Loan; Conventional; SBA; Owner May Carry; 1031 Exchange
Environmental: None
Listing Office: Prestige Realty
Last Updated: July - 20 - 2026
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