111 S Hearthstone Way, Chandler, AZ 85226

This is truly a one-of-a-kind opportunity to own a 40-bed capacity, move-in ready behavior health/substance abuse treatment facility campus, located at 111 S. Hearthstone Way within the city of Chandler, Arizona. This subdivision of residential properties consists of seven separate residential units utilized over the past 25 years as a behavioral health residential treatment center.

The total combined square feet for all seven properties is 13,718. This campus of seven is located within a private, gated cul-de-sac subdivision, consisting of three separate land parcels with a combined land area of approximately 2.35 acres (±102,366 square feet). The property is zoned as PAD (Planned Area Development), per the city of Chandler zoning ordinance.

Asking price is $5.4 million ($135,000 per bed). Price includes over $1 million in added fixtures, furnishings, and equipment included with the sale of the campus. All homes come furnished with beds (and bunk beds), linens, sofas, couches, chairs, administrative desks and chairs, large color flat-screen televisions, dining room tables and chairs, washers and dryers, full kitchen with appliances, outdoor patio furniture, working fire pit and golf carts. Please see complete inventory list in the offering memorandum for details.

Property is use-approved for behavioral health residential treatment center. The residential homes located on the property are currently vacant and have previously been utilized as a residential treatment facilities for eating disorders and substance abuse. Previously, the operator was licensed in 2018 with the Arizona Department of Health Services for a total capacity of up to a 40-person bed count.

Originally constructed in 1987; then renovated in 2014 and 2018; decorated and furnished by professional designer in 2018
All the properties have been upgraded with fire sprinklers, alarms, and state-of-the art security alarm system in place
Zoning: Planned Area Development (PAD), city of Chandler, for use as a behavioral health residential treatment center
Property has direct access to Chandler Boulevard, which connects to Loop 101, Loop 202 and Interstate 10
Located two blocks west of Loop 101 off Chandler Boulevard. Head south of Hearthstone Way to entrance of gated, private cul-de-sac’s campus property
Parking: approximately 30 on-site surface parking spaces
Construction: wood frame and stucco
Asking price includes all existing, brand new state-of-the-art telecommunication system, security alarm, fixtures, furnishings and business equipment estimated at $1 million