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9900 E LUXURY ASSISTED LIVING Boulevard, Scottsdale, AZ 85260

$8,999,900
Property Type: Business Opportunity Square Footage: 16,000 Lot Size (sq. ft.): 33,562 Status: Active
Current Price: $8,999,900 Last Modified: 2/09/2026

Description

Located in the heart of Scottsdale—one of Arizona's most desirable and upscale communities—this exceptional residential assisted living property offers a rare combination of safety, serenity, and prestige. Scottsdale is widely recognized for its high quality of life and is consistently favored by families seeking refined, accessible care environments. The property's proximity to top-tier hospitals, medical specialists, shopping, and cultural attractions provides unmatched convenience and confidence, making this location difficult to replicate within the residential assisted living market. The home was purpose-built as an elegant private residence rather than an institutional facility, with every detail designed to enhance comfort, dignity, and livability.

Supplements: High-end finishes, expansive common areas, abundant natural light, and tasteful décor create a warm, residential atmosphere that supports emotional well-being while maintaining operational efficiency and high care standards. Unlike traditional clinical settings, the property delivers a true luxury living experience. A distinctive feature of the property is the inclusion of two fully independent casitas, offering exceptional flexibility and convenience for live-in caregivers, owner-operators, or key staff. These casitas support the operation in the main care home, strengthen on-site oversight, and add meaningful operational value while preserving privacy and comfort. Outdoor living further differentiates the home. Beautifully landscaped grounds, shaded patios, and thoughtfully designed seating areas allow residents to safely enjoy Scottsdale's sunshine and desert environment. These outdoor spaces contribute directly to relaxation, mental wellness, and overall resident satisfaction. From a scale and infrastructure standpoint, the property is unmatched in the residential assisted living market. Encompassing approximately 16,000 square feet under roof, it is the largest residential assisted living property ever sold in Arizona. Three connected residences form a U-shaped floor plan featuring 21 full-size bedrooms, 22.5 full-size bathrooms with walk-in showers, three large kitchens, and five dedicated laundry areas. This level of infrastructure is rare in the sector and supports seamless operations while maintaining a high standard of care. The property offers meaningful upside through licensing expansion. Once the undergoing effort with the City of Scottsdale for the license capacity increase from 10 to 16 residents is completean expansion already approved in other municipalitiesthe home can immediately accommodate additional residents with no planning, construction, or permitting required. Operational efficiency is further enhanced by completed onsite parking, including 10 dedicated spaces for staff and visitors. The operating business is equally compelling. It specializes in higher-acuity residents, supported by an elevated staff-to-resident ratio, a care-focused layout, and extensive Directed Care experience. The business operates on a private-pay model with predictable monthly cash flow and premium pricing, supplemented by private long-term care insurance, reducing reimbursement risk and enhancing financial stability. Established systems for staffing, compliance, care delivery, and family communication are already in place, minimizing operational risk. The property and operation's moat and competitive advantage lies in its rare combination of physical design, infrastructure, and operational historydifficult for competitors to replicate. Overall, this offering represents a rare opportunity to acquire a luxury residential assisted living property paired with a proven, private-pay business, delivering durable cash flow with meaningful upside in both real estate and operations.

More Information MLS# 6980286

General Property Description

Sold Price Per SqFt: 562.49 # of Interior Levels: 1 Ttl Apx SqFt Bldg: 16000 Uncvrd Parking Spcs: 10 Flood Zone: No

Income & Expenses

Annual Gross Sales: 1250000 Owners Draw Included: Yes Annual Owners Salary: 120000 Annual Mngr Salary: 40000 Anl Int (Non-RelEst): 10000 Annual Depreciation: 100000 Annual Fringes: 0 Adjusted Net Income: 520000 Apx Value of Cash: 200000

Business Type

Health Services: 1

Pmt & Rate Info

Equity: 8999900 Down Payment %: 15 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Other: 1 See Private Remarks: 1

Type of Lease

None: 1

Form of Ownership

Limited Liability Co: 1

Sale Price Includes

Goodwill: 1 Equipment: 1 Inventory: 1 Real Estate: 1 License(s): 1 Cvnt not to Compete: 1 Mgmt Consult Agrmt: 1 Other - See Remarks: 1

Lease Information

None: 1

Hours of Operation

7 Days/Week: 1

Business Age

10+ Years: 1

Heating

Ceiling: 1 Electric: 1

Current Ownership

10+ Years: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1 Individual: 1

Expenses Include

Utilities: 1 Insurance: 1 Advertising: 1 Accounting: 1 Legal: 1 Supplies: 1 Taxes - Real Estate: 1 Taxes - Payroll: 1 Licenses: 1 Equipment Rental: 1 Repairs: 1 Payroll: 1 Telephone: 1 Owners Draw: 1 See Remarks: 1

Business/Tenant Pays

Gas: 1 Electricity: 1 Water: 1 Sewer: 1 Trash: 1 Capital Improvements: 1 Fire Ins - Building: 1 Liability Insurance: 1 See Remarks: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Parking Lot: 1 Private: 1 Paved: 1 Off Street: 1 See Remarks: 1

Electric

APS: 1 City Electric: 1 Underground: 1 Individual Meter: 1

Gas

Natural Gas: 1 SW Gas: 1 City Gas: 1 Underground: 1 Individual Meter: 1

New Financing

Cash: 1 Cash to Loan: 1 Conventional: 1 SBA: 1 Owner May Carry: 1 1031 Exchange: 1

Current Financing 1

Conventional: 1

Current Financing 2

Treat as Free & Clr: 1

Current Financing 3

Treat as Free & Clr: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 623-476-5450

Contract Info

Current Price: $8,999,900 List Price: $8,999,900 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 County Code: Maricopa Subdivision: DESERT WIND UNIT 2 Assessor Number: 217-26-233

Remarks Misc

Cross Street: 101 AND CACTUS Directions: WILL BE DISCLOSED WITH NDA Geo Lat: 33.593604 Geo Lon: -111.870032

Income Expenses

Net Operating Income: 560000

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 Cooling: Ceiling Fan(s); Electric; Individual; Central Air 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
IDX
Last Updated: February - 09 - 2026
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