Phoenix · Commercial sale
51 South 48th Street Health Holdings buys 51 S 48th St in Mesa for $37.62 million
A nursing home at 51 S 48th St, Mesa sold for $37,621,000 on September 29, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $37,621,000
- Sold
- September 29, 2026
- Property type
- Nursing home
- Lot size
- 134,008 sq ft
- Year built
- 1978
A nursing home sold for $37,621,000, or 3.9 times its recorded market value of $9,585,800, according to the Maricopa County Assessor's parcel records.
The nursing home at 51 S 48th St in Mesa sold on September 29, 2026, according to the records. The buyer was 51 South 48th Street Health Holdings LLC.
Assessor's records show a build year of 1978 and a 3.08-acre lot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Maricopa County?
By our estimate, the seller's two largest charges, not counting prorations, were $68,892.80 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Maricopa County custom.
How much did the seller net?
By our estimate, the seller netted about $37,383,195. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $37,453,468 at closing. That covers the full price and closing costs.
Source: Maricopa County Assessor parcel records, document 20260567950. Property details: Maricopa County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.