11074 W TONTO Street, Avondale, AZ 85323 (MLS# 6858662)

11074 W TONTO Street, Avondale, AZ 85323

$900,000

Property Type: Residential Bedrooms: 9 Baths: 3 Square Footage: 3,093 Lot Size (sq. ft.): 7,560 Status: Active

Current Price: $900,000 Last Modified: 8/28/2025

Description

High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.

More Information MLS# 6858662

Contract Information

List Price: $900,000 Status: Active Current Price: $900,000 List Date: 2025-04-29 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 11074 Compass: W Street Name: TONTO St Suffix: Street City/Town Code: Avondale State/Province: AZ Zip Code: 85323 Zip4: 4559 County Code: Maricopa Assessor Number: 101-09-498 Subdivision: VISTA DEL VERDE PHASE 4 REPLAT Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 9 # Bathrooms: 3 Approx SQFT: 3093 Price/SqFt: 290.98 Horses: N Builder Name: Richmond American Year Built: 2024 Approx Lot SqFt: 7560 Approx Lot Acres: 0.174 Community Pool Y/N: No Private Pool Y/N: No Elementary School District: Littleton Elementary District High School District: Tolleson Union High School District Elementary School: Littleton Elementary School Jr. High School: Littleton Elementary School High School: West Point High School

Remarks Misc

Cross Street: 107th Ave and Buckeye Directions: FROM I-10 HEAD SOUTH TO MARICOPA ST THEN EAST TO 110TH AVE THEN HEAD NORTH TO PROPERTY Geo Lat: 33.437502 Geo Lon: -112.29695

Legal Info

Township: 1N Range: 1E Section: 7 Lot Number: 55

Basement

Basement Y/N: N

Parking Spaces

Garage Spaces: 2 Slab Parking Spaces: 2 Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Home Phn: 602-686-0653

Property Features

Special Listing Cond: N/A; Owner/Agent Add'l Property Use: See Remarks Master Bathroom: Full Bth Master Bdrm; Double Vanity Fireplace Features: 1 Fireplace Flooring: Tile Windows: Dual Pane Spa: None Dining Area: Dining in LR/GR Kitchen Features: Range/Oven Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator Laundry: Washer Included; Dryer Included Construction: Wood Frame Const - Finish: Stucco Construction Status: Complete Spec Home Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Desert Front; Desert Back Lockbox Type: None Possession: Subject To Tenant Rights Unit Style: All on One Level Association Fee Incl: Common Area Maint Existing 1st Loan: Private New Financing: Cash; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: HomeSmart Realty

Last Updated: August - 28 - 2025