Mesa, AZ 85201
MESA ARIZONA
$735,000
Listing courtesy ofKeller Williams Arizona Realty — Richard F Barker · 480-999-6250
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.
Ranch · 1 story · Built 1950
High Speed Internet · No Interior Steps · Laminate Counters · Tile flooring · Wshr/Dry HookUp Only laundry
Refrigerator · Built-in Microwave · Dishwasher · Disposal · Electric Range
None
Side Vehicle Entry
Painted · Block · Block fencing · North/South Exposure · Corner Lot · Desert Back · Desert Front
Electric heating · Central Air cooling · Ceiling Fan(s) cooling
Carry cost at today’s rate, including taxes, insurance, and HOA.
$4,273
Estimate only · Insurance modeled at 0.35% of value annually · Verify all costs with your lender.