17450 W Wood Drive, Surprise, AZ 85388

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Sold Price
$1,085,000
List Price
$1,250,000
Status
CLOSED
Days on Market
106
Closing Date
Feb 27, 2026
MLS#
6953468
Subtype
Business Opportunity
Living Area
3,071
Lot Size
7,200
Acres
0.17
Subdivision
Rancho Trugold Lot 2 Replat

Property Description

Incredible passive-investment opportunity! This beautifully remodeled home was purpose-built for Assisted Living, offering 9 bedrooms plus an office and 6 bathrooms—an ideal layout for operators. A licensed Assisted Living tenant is already in place and entering the second year of a 5-year lease. Business is not for sale. Current lease rate is $8,712.50 with scheduled annual increases. Truly a hands-off investment where the owner simply collects rent checks while the tenant operates the business.

Additional Information

Heating
Natural Gas
Air Conditioning
Central Air, Ceiling Fan(s)
Parking Features
Private

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Stacy Dragos (928-800-0121) from Listing Office: Century 21 Toma Partners.

Selling Office: My Home Group Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.