www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32272828
32272819

1625 North Cherry Circle, Mesa, AZ 85201

JC
AZ SA646424000
EXP Realty
Listed by EXP Realty
$3,700,000
31 days on market
Updated 20 days ago

1625 North Cherry Circle

Details
Property Type Senior Living
Sub Type Assisted living
Square Footage 6,627
Units 10
Beds 10
Cap Rate 15.73%
NOI $582,000
Occupancy 100%
Pro-Forma Cap Rate 20.27%
Pro-Forma NOI $750,000
Price per SqFt $558
Year Built 1957
Year Renovated 1972
Buildings 1
Lot Size (SqFt) 48,564
Ground Lease No

Senior Living I 11.23% CAP I 6,627 Sq Ft

Marketing description

Welcoming, residential-style assisted living community located in the heart of Mesa, Arizona, offering compassionate care in a comfortable, home-like setting. Designed to provide personalized support, the community accommodates approximately 64 residents and focuses on helping seniors maintain dignity, independence, and quality of life through attentive, around-the-clock care.

Residents enjoy a peaceful neighborhood environment with convenient access to local amenities, healthcare providers, and family-friendly areas throughout the Mesa and greater Phoenix region. The community emphasizes individualized care plans, engaging daily activities, and a supportive atmosphere where residents feel safe, valued, and at home.

Investment highlights

Assisted living investment opportunity in Mesa, Arizona, within the high-growth Phoenix MSA, where demand for senior housing continues to rise alongside an aging population. The property benefits from a strong revenue profile. Located within an established residential area with convenient access to nearby amenities and healthcare providers, the property is well-positioned to capture ongoing demand. Overall, this offers investors a stabilized, income-producing asset in a high-growth market, combining reliable cash flow with opportunities to enhance NOI through operational improvements and strategic rate increases.

Listing Contacts

JC
AZ SA646424000
EXP Realty
Listed by EXP Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$582,000.00
$48,500.00/mo

Valuation Metrics

0
DSCR
15.73%
Cap Rate
15.73%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jake Crawford
License
SA646424000
Brokerage
EXP
Title
Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591