140 W University Dr., Mesa, AZ 85201

140 W University Dr., Mesa, AZ 85201
Photo 1 of 28
$735,000
Beds Baths Sq. Ft. Taxes Built
9 2.00 0 $1,754 1950
On the market: 0 days

Est. Monthly Payment:

$4,547($4,401 + $146 taxes*)

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APPROVED
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Investment opportunity! An established, licensed 10-bed residential care facility with a long-term lease and approximately 4.5 years remaining. The single-level property offers approximately 3,400 square feet on a .25-acre lot, with 9 bedrooms and 2 bathrooms configured for its current elderly care operation. Each of the nine bedrooms has a private sink, and ceiling fans are installed throughout the bedrooms. The two bathrooms feature built-out shower areas designed for easier resident access. A dedicated dining room provides a central gathering space, and the kitchen has two refrigerators to support the facility's daily operations. The property also offers a private outdoor sitting area for residents and low-maintenance rock landscaping. The roof was completely redone approximately 4 to 5 years ago following hail damage. No HOA and no pool. Positioned along a high-visibility roadway, the property offers prominent frontage for business signage while maintaining a quieter residential setting around the home. Downtown shopping, entertainment, and other services are nearby. With an established care-facility configuration and an existing long-term lease, this property presents a distinctive opportunity for an investor seeking an income-producing residential care property.
Listing courtesy of Richard Barker & Ben Petro, Keller Williams Arizona Realty & Keller Williams Arizona Realty