8340 N 86TH Lane, Peoria, AZ
For Sale
3 BATHROOMS
0.18 acres Lot
Explore the enchantment of this extraordinary, assisted living property with excellent cash flow and a 5-year lease in place! Boasting a low-maintenance landscape adorned with mature shade trees, pavers, and with an extended driveway, this behavioral health facility is a gem with full city and HOA approval. Step through the custom iron door into a captivating interior featuring a remodeled open floor plan filled with natural and recessed lighting. The redesigned kitchen is a culinary haven, complete with granite counters, a mosaic tile backsplash, pristine white cabinetry with crown molding, and a breakfast nook with a bay window and second refrigerator. The vaulted ceilings, pre-wired surround sound, ceiling fans, plantation shutters, and tile floors contribute to the home’s easy care and comfort. The two-car garage has been converted into an additional bedroom with a closet and bath. Outside, the backyard is a haven with covered patios and a putting green, perfect for free time activities. The City of Peoria planning department has confirmed the addition. No public hearing required. A full set of construction drawings are completed along with the roof AC structural. With plans and permits in place to expand it into a 10-bedroom facility, this property is a unique opportunity for even higher NOI to around $65,000.