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$950,000
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Property Description
**Unique Investment Opportunity at 1974 Clear Lake Turnkey Assisted Living Facility** Step into a rare and profitable opportunity with this established assisted living facility with 8%CAP rate. Perfect for investors or new owners looking to make an impact in the senior care industry, this property has been successfully operating for over 20 years and comes with everything you need to continue its legacy of exceptional care. ### Key Features: - **Turnkey Operation:** Fully licensed and currently operating with 6 patients, the facility is permitted for up to 10 patients, offering significant growth potential. - **Onsite Private Living Quarters:** Ideal for an owner-operator or on-site manager, the property includes private living quarters for seamless management and convenience. - **Proven Track Record:** With over two decades of established service, this facility has built a strong reputation in the community, providing a stable and reliable income stream. - **Modern Amenities:** Equipped with a comprehensive sprinkler system and solar energy, ensuring safety, efficiency, and reduced operational costs. - **Expansive Space:** The property is thoughtfully designed to accommodate residents comfortably, with spacious common areas, private rooms, and beautifully landscaped outdoor spaces. - **Strategic Location:** Located in a prime area with easy access to hospitals, shopping, and local amenities, this facility offers convenience and peace of mind for families and residents alike. This is a unique chance to acquire a fully operational and profitable assisted living facility with room to expand. Whether you are an experienced investor or a new owner ready to make a difference, 1974 Clear Lake is a turnkey solution poised for continued success. Call today to learn more and arrange a private showing.
Full Property Details
Full Property Details for 1974 E Clear Lake Dr
General
- Price: $950,000
- HOA FEE: $48/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,161 (2023)
- Status: Active
- Type: Commercial
- Source: WARDEX_Lake_Havasue_MLS
- MLS ID: 020043
- Updated: 10/22/2025
- Added to Site: 512 day(s) ago
Interior
- Flooring: Carpet, Ceramic Tile
Location
- County: Mohave
- Subdivision: Fairway Estates
- Cross Streets: Mountain View
- Driving Directions: Highway 95 East on Joy Lane South on Mountain View West On Clear lake Dr Property on Left
Community
- Association: Yes
- Assoc. Name: D&E management
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Multi Units
- Heating Type: Multiple Heating Units
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- # Buildings: 1
- Construction: Stucco, Wood Frame
- Roof: Tile
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: .2
- Zoning: SD Special Development
- Fencing (Description): Back Yard, Wrought Iron
Green Features
- Energy Generation: Solar
Financial Considerations
- Association Fee: $145
- Assoc Fee Freq.: Quarterly
- Tax Amount: $3,161
- Tax Year: 2023
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: FAIRWAY ESTATES PHASE II TRACT 4097B BLK I LOT 17 CONT 8582 SQ FT
- Property ID: 226-16-025
- Block: I
- Lot Number: 17
Listed by Us Southwestâ®, Robert Neitzke
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Schools
Schools serving 1974 E Clear Lake Dr
School Districts:Colorado River Union High School District, Mohave Valley Elementary District
| Name | Grades | Distance |
|---|---|---|
Fort Mohave Elementary School 1760 Joy Lane, Fort Mohave, AZ 86426 | K-2 | 0.6 mi |
Camp Mohave Elementary School 1797 East La Entrada Place, Fort Mohave, AZ 86426 | 3-5 | 2.8 mi |
Mohave Valley Junior High School 6565 South Girard Avenue, Mohave Valley, AZ 86440 | 6-8 | 2.3 mi |
River Valley High School 2250 Laguna Road, Mohave Valley, AZ 86440 | 9-12 | 6.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1974 E Clear Lake Dr
Date
Details
Price
Change
Source
7/08/2025
Price Reduced
$950,000
-20.83%
MLS
9/28/2024
Listed
$1,200,000
361.89%
MLS
4/12/2002
Sold
$259,800
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1974 E Clear Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,297
—
$79,192
-3%
2024
$3,297
6%
$81,653
-16%
2020
$3,119
—
$96,752
37%
2022
$3,104
-3%
$70,861
33%
2021
$3,199
3%
$53,453
68%
2020
$3,119
4%
$31,833
32%
2019
$2,990
3%
$24,030
3%
2018
$2,911
1%
$23,377
7%
2017
$2,881
-5%
$21,900
8%
2015
$3,045
2%
$20,279
-16%
2013
$2,986
—
$24,225
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1974 E Clear Lake Dr
1974 E Clear Lake Drive, Fort Mohave, AZ 86426 (MLS# 020043) is a Commercial property. 1974 E Clear Lake Drive is currently listed for $950,000 and was received on September 28, 2024. Want to learn more about 1974 E Clear Lake Drive? Do you have questions about finding other Commercial real estate for sale in Fort Mohave? You can browse all Fort Mohave real estate or contact a Coldwell Banker agent to request more information.

