The Property
True 7.5% Cap Rate | Long-Term Lease Stability
This well-positioned single-family residence offers investors a rare opportunity to acquire a stabilized, income-producing property leased to an established assisted care operator under a NN (Double Net) lease structure. The tenant has recently executed a new 5-year lease, providing immediate income certainty and built-in rent growth.
The current lease begins at $5,600 per month, with annual scheduled increases as follows:
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Year 2: $5,700/month
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Year 3: $5,800/month
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Year 4: $5,900/month
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Year 5: $6,000/month
Under the NN lease structure, the Landlord is responsible for property taxes, insurance, and HOA fees, while the landlord retains ownership of a professionally operated residential asset with predictable cash flow. This investment delivers a true 7.5% cap rate, supported by contractual rent increases and a mission-critical use tenant.
Investment Highlights
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Single-family home leased to assisted care operator
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Modified-NN lease structure
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New 5-year lease in place
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Two (2) five-year renewal options
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Annual rent escalations built into lease
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Tenant pays utilities, maintenance, landscaping, and repairs
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Landlord pays taxes, insurance, and HOA
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True 7.5% cap rate
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Needs-based tenant with long-term demand
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Passive ownership profile
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This offering is ideal for investors seeking reliable cash flow, reduced management intensity, and long-term lease security backed by a needs-based tenant.
Net Operating Income (NOI) by Year
Sales Price: $825,000
Cap Rate: 7.5% (True)
Year 1 NOI (Base Year)
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Cap Rate Calculation:
$825,000 × 7.5% = $61,875 NOI
Annual Rent Schedule
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Year 1: $5,600/mo = $67,200/yr
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Year 2: $5,700/mo = $68,400/yr
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Year 3: $5,800/mo = $69,600/yr
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Year 4: $5,900/mo = $70,800/yr
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Year 5: $6,000/mo = $72,000/yr
Based on Year 1 NOI and contractual rent increases (with operating expenses assumed stable), projected NOI trends as follows:
| Year | Annual Rent | Projected NOI |
|---|---|---|
| Year 1 | $67,200 | $61,875 |
| Year 2 | $68,400 | $63,075 |
| Year 3 | $69,600 | $64,275 |
| Year 4 | $70,800 | $65,475 |
| Year 5 | $72,000 | $66,675 |
NOI growth is driven by scheduled rent increases while maintaining a predictable expense profile.
Virtual Tour-Check it out!
If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?
Location
Goodyear, Arizona is one of the West Valley’s fastest-growing and most investor-friendly communities, known for its strong employment base, modern infrastructure, and exceptional lifestyle amenities. Strategically located along I-10 and Loop 303, Goodyear offers convenient access to greater Phoenix while maintaining a high quality of life that continues to attract residents and businesses alike.
The city is anchored by major employers including Lockheed Martin, Amazon fulfillment operations, UPS, Abrazo West Campus, and large regional distribution and manufacturing facilities that support long-term job growth. This diverse employment base has fueled consistent population growth and strong housing demand.
Goodyear also stands out for recreation and outdoor living. Residents enjoy access to Estrella Mountain Regional Park, offering miles of hiking, biking, and horseback riding trails, scenic desert landscapes, and lakeside activities. Sports enthusiasts are drawn to Goodyear Ballpark, the spring training home of Major League Baseball teams and a hub for year-round community events. Golf courses, parks, retail centers, and dining options further enhance the area’s appeal.
With continued economic expansion, recreational amenities, and a business-friendly environment, Goodyear remains a compelling location for residents, employers, and real estate investors seeking long-term growth in the Phoenix metropolitan area.
$825,000
Sale Price
$67,200
Yearly Rent
$5,317
Operating Expenses
$61,883
Net Operating Income
7.50%
Actual Cap Rate
Offering Memorandum and Marketing Flyer
To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.
Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.
If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.
Thank you for considering our investment opportunity, and we hope to hear from you soon!
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering this property, and please don’t hesitate to contact us if you have any questions.
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