Phoenix, Arizona, United States
Phoenix, AZ, US
This business operates six licensed group homes in Phoenix serving adult males with serious mental illness. Five homes are currently active with two residents each, while a sixth is licensed and expected to be filled by state referrals shortly. All residents are placed and funded through the State of Arizona, creating reliable, Medicaid-backed revenue. Most residents stay for many years, often for life, resulting in highly stable cash flow.
The properties are owned by the seller and will be offered under new long-term leases at $5,000 per home per month. Each home is licensed for three residents, though operations have historically maintained two per home, leaving clear room for expansion within the existing licenses. With strong earnings today, a new sixth home coming to market, and the ability to add census/residents in each home, this business offers both immediate profitability and future upside.
