$9,977,000

Estimated payment $57,009/month

-- Bed
-- Bath
61,979 Sq Ft
$161 Price per Sq Ft

Highlights

  • Fitness Center
  • 1.8 Acre Lot
  • Cafeteria
  • Franklin at Brimhall Elementary School Rated A
  • Community Kitchen
  • Elevator

About This Home

1.79-acre, 62,000 sq ft R5-zoned investment opportunity in a thriving multi-family market! Formerly Copper Heights Assisted Living, this vacant 2-story property with basement is ideal for multi-family housing, a hotel, or other creative uses (subject to local zoning). 78 units: 30 one-bedroom and 48 studios, each with private bathrooms (tub/shower combo), kitchenette plumbing, and P-tech AC units. The main floor features an office & two spacious recreational/dining areas, perfect for community living. The basement includes a commercial-grade kitchen with a walk-in cooler and freezer. Energy-efficient with a newly repaired roof and solar panels, reducing utility costs. Appraised at $10.74M in ''as is'' condition. Seller offers financing with a $3.5M downpayment for qualified buyers.

Listing Agent

Paul Bruccoleri

Zion Realty, LLC License #BR548418000 Listed on: 06/30/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,705

Year Built

  • Built in 1974

Lot Details

  • 1.8 Acre Lot
  • Property is zoned R-5

Home Design

  • Wood Frame Construction

Interior Spaces

  • 61,979 Sq Ft Home
  • Display Windows
  • Basement

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces
  • Private Parking
  • Paved Parking

Eco-Friendly Details

  • Heating system powered by solar not connected to the grid

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 141-77-059-E

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Cafeteria
  • Elevator
  • Service Elevator
  • Reception Area

Recreation

  • Fitness Center

Building Details

  • Operating Expense $19,705

Property Details

Property Type

Other

Est. Annual Taxes

$19,705

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Boston & 56th St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2024
  • Lot Size Acres: 1.8
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 61979.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: None
  • Construction Type: Wood Frame, Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Other, Paved, Private
  • Attached Garage: No
  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 22.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 22.0

Utilities

  • Electric: Solar, SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks, Solar
  • Green Building Features: Freight Elevator(s), Public Elevator(s), Basement, Conference Room, Exercise Room, Reception Room, Cafeteria, Kitchen, Showers - Office, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Solar: Yes
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Public Elevator(s): Yes
  • Amenities:Conference Room: Yes
  • Amenities:Exercise Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Basement: Yes
  • Amenities:Freight Elevator(s): Yes
  • Amenities:Cafeteria: Yes

Lot Info

  • Lot Size Sq Ft: 78317.0
  • Parcel #: 141-77-059-E

Multi Family

  • Annual Operating Expense: 19705.0

Tax Info

  • Tax Annual Amount: 19705.0
  • Tax Book Number: 141.00
  • Tax Lot: -
  • Tax Map Number: 77.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,705 $218,752 -- --
2024 $19,963 $208,336 -- --
2023 $19,963 $289,200 $28,540 $260,660
2022 $19,485 $253,040 $26,170 $226,870
2021 $19,443 $248,620 $26,170 $222,450
2020 $19,286 $245,550 $24,420 $221,130
2019 $17,873 $252,170 $23,940 $228,230
2018 $17,429 $235,170 $21,370 $213,800
2017 $16,826 $180,840 $21,370 $159,470
2016 $16,475 $169,830 $19,080 $150,750
2015 $15,392 $143,660 $15,070 $128,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $9,977,000 -- $161 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,900,000 Landmark Title Assurance Agenc
Trustee Deed -- None Listed On Document
Warranty Deed $3,800,000 Commonwealth Land Ttl Ins Co
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed $3,000,000 Chicago Title Insurance Co
Quit Claim Deed -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,882,198 New Conventional
Previous Owner $8,050,000 New Conventional
Previous Owner $3,250,000 Purchase Money Mortgage
Previous Owner $4,919,000 Unknown
Previous Owner $1,870,623 Commercial
Previous Owner $2,437,500 Commercial
Previous Owner $1,827,500 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6886777

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-77-059E