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Rob & Pam Schabatka

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(928) 282-4166 (o)

(928) 821-3508 (c)

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$735,000
28 Days On Site

140 W UNIVERSITY Drive
Mesa, AZ 85201

For Sale|Single Family Residence|Active
9
Beds
2
Total Baths
2
Full Baths
2,738
SqFt
$268
/SqFt
1950
Built
Subdivision:
MESA ARIZONA
County:
Maricopa

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Call Now: (928) 282-4166 x 253
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(928) 282-4166 x 253
140 W UNIVERSITY Drive140 W UNIVERSITY Drive140 W UNIVERSITY Drive140 W UNIVERSITY Drive
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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.

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Listing Snapshot
Price 
$735,000
Days On Site 
28 Days
Bedrooms 
9
Inside Area (SqFt) 
2,738 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
1950
MLS Number 
7089963
Status 
Active
Property Tax 
$1,754
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
4 weeks agoListing first seen on site
General Features
Acres 
0.29
Cross Street 
University / Country Club
Disclosures 
Seller Discl Avail
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Garage Faces Side
Parking Spaces 
6
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
2738
Style 
Ranch
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalRefrigeratorMicrowaveElectric Range
Cooling 
Ceiling Fan(s)Central Air
Flooring 
Tile
Heating 
Electric
Interior 
Laminate CountersHigh Speed Internet
Laundry Features 
Washer Hookup
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Exterior Features
Construction Details 
Block
Fencing 
Block
Lot Features 
Corner LotDesert FrontDesert Back
Patio And Porch 
Patio
Roof 
Composition
Spa Features 
None
Community Features
School District 
Mesa Unified District
Township 
1N
Financing Terms Available 
CashConventional
Schools
School District
Mesa Unified District
Elementary School
Webster Elementary School
Middle School
Carson Junior High School
High School
Westwood High School
Listing courtesy of Keller Williams Arizona Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-11-04 07:40 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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