Courtesy of: Richard F Barker, Keller Williams Arizona Realty, rich@thebarkerteam.com
Courtesy of: Richard F Barker, Keller Williams Arizona Realty, rich@thebarkerteam.com
$735,000
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9 bed
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2,738 square feet
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2.00 Bath (2 Full)
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Lot: 0.29 Acres
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Single Family Residence
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$735,000
140 W UNIVERSITY Drive 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.
Courtesy of: Richard F Barker, Keller Williams Arizona Realty, rich@thebarkerteam.com
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