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About the Listing kwaz08 - rb663,gp191
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 Highlights for 140 W University Dr
Interior Details
- Bedrooms: 9
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air,Ceiling Fan(s)
- Heating: Electric
- Fireplaces:
- Floor: Tile
- Basement:
- Other: High Speed Internet,No Interior Steps,Laminate Counters
- Water: Public
Exterior Details
- Lot Description: North/South Exposure,Corner Lot,Desert Back,Desert Front
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Side Vehicle Entry
Financial Details
- Tax Amount: $1,754
- Taxes w/Assessments: N/A
- Tax/Property ID: 137-26-053-B
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
140 W University Dr Mesa, AZ 85201
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