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$735,000
Mesa, AZ 85201
MLS# 7089963
9 beds | 2 baths | 2738 sqft
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Property Description
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.
Details
Maps
Contract Information
List Price: $735,000
Status: Active
Current Price: $735,000
List Date: 2026-10-06
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location, Tax & Legal
House Number: 140
Compass: W
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 5818
Country: US
County Code: Maricopa
Assessor Number: 137-26-053-B
Subdivision: MESA ARIZONA
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 9
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 2738
Price/SqFt: 268.44
Horses: N
Builder Name: unknown
Year Built: 1950
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 12780
Approx Lot Acres: 0.293
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Webster Elementary School
Jr. High School: Carson Junior High School
High School: Westwood High School
Legal Info
Township: 1N
Range: 5E
Section: 15
Showing Notification Methods
Showing Service: Aligned Showings
Basement
Basement Y/N: N
Parking Spaces
Slab Parking Spaces: 6
DPR Eligible
DPR Eligible: Yes
Remarks Misc
Cross Street: University / Country Club
Directions: East on University Drive from Country Club. Property will be on your left at the corner of N Grand and University Drive.
Geo Lat: 33.422613
Geo Lon: -111.835408
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Other (See Remarks)
Master Bedroom: Split
Flooring: Tile
Spa: None
Community Features: Near Bus Stop
Dining Area: Formal; Other (See Remarks)
Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Laminate Counters
Laundry: Washer Hookup; 220 V Dryer Hookup
Other Rooms: Family Room
Interior Features: No Interior Steps
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Patio
Parking Features: Side Vehicle Entry
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Property Description: Corner Lot; North/South Exposure
Landscaping: Desert Front; Desert Back
Lockbox Type: None
Possession: By Agreement; Subject To Tenant Rights
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail
Supplements
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 Office: Keller Williams Arizona Realty
Office Phone: 480-999-6250
Office Email: laurie.johnson@kw.com
Last Updated: October - 07 - 2026
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