Centerra Real Estate

Centerra Real Estate

Welcome to Centerra, a vibrant and sought-after subdivision nestled in the heart of Goodyear, Maricopa County, Arizona. Boasting a perfect blend of modern amenities and serene surroundings, Centerra offers residents a truly exceptional living experience.

Centerra is renowned for its family-friendly atmosphere, with well-maintained streets and a strong sense of community. The neighborhood features a variety of housing options, including spacious single-family homes and cozy townhouses, ensuring there is something for everyone in this diverse community.

Residents of Centerra enjoy easy access to a range of recreational facilities, including parks, playgrounds, and walking trails, making it the ideal place for nature lovers and outdoor enthusiasts. The proximity to top-rated schools and healthcare facilities further adds to the appeal of this charming subdivision.

Conveniently located near shopping centers, restaurants, and entertainment venues, Centerra offers the perfect balance between tranquility and urban convenience. With easy access to major highways and transportation hubs, residents can easily explore all that the vibrant city of Goodyear has to offer.

Whether you are looking to raise a family or enjoy a peaceful retirement, Centerra provides the perfect setting to create lasting memories and build a fulfilling life. Come and discover the beauty and charm of Centerra – where modern living meets community spirit.

Newest Listings in Centerra

$750,000
6967518 MLS
8.25% Cap Rate on Stabilized Assisted Living Investment ACTUAK Proven 3-Year Operator Just Renewed for 5 More Years $61,883 NOI Operating Income $67,200 Gross Annual Income with Escalations Through 2030 NN Lease Structure - Owner Pays Only Taxes, Insurance & $50 per month HOA Tenant Paid January through July 2026 Built-In Rent Increases Locked Through 2030 Low Expense Ratio - Strong Yield Profile Growing Goodyear Senior Housing Demand Important to reveiw supplimental information! EXECUTIVE SUMMARY 7.50% Cap Rate | NN Leased Residential Investment | 5-Year Lease This offering consists of a single-family residence leased to an established care operator under a long-term lease structure. The property is being offered as a real estate investment only. The operating business, license, and care operations are not included in the sale. The tenant has successfully operated at the property for approximately three years and executed a new five-year lease beginning January 12, 2026, providing renewed contractual income stability and built-in rent growth. The property is offered at $825,000, delivering a true 7.50% cap rate based on verified income and actual operating expenses. Income Overview Base Rent: $5,600 per month Annualized Rent: $67,200 Scheduled increases: Year 2: $5,700/month Year 3: $5,800/month Year 4: $5,900/month Year 5: $6,000/month The tenant has paid January, February, and March 2026 under the new lease term, confirming continued operational performance. Operating Expenses (Actual) Insurance: $2,793 Property Taxes (2025): $1,924 HOA: $600 Total Annual Expenses: $5,317 NOI Operating Income (Year 1): $61,883 Investment Highlights Single-tenant residential income property Proven three-year operating history at location Newly executed 5-year lease (January 2026) Contractual annual rent increases True 7.50% cap rate based on actual expenses Low expense structure Predictable cash flow profile Needs-based tenant use Valuation & Underwriting Consideration This asset should be evaluated based on its income performance and lease structure. As a single-family residence leased to an operator, traditional owner-occupied comparable home sales may not fully reflect the investment value of the property. This opportunity is well suited for investors seeking stable yield, limited management intensity, and long-term lease security supported by a needs-based tenant. Buyer to verify all Facts and Figures

15456 W Morning Glory Street, Goodyear

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