For sale Home

Listed Oct 6, 2026

$735,000 Est. $4,861/mo

140 West University Drive

  • 9

    Beds

  • 2

    Baths

The story

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.

Facts & features

Home type

Home

Year built

1950

Floors

1

Included features

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating

    Electric

  • Appliances

    Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range

  • Flooring

    Tile

  • Roof

    Composition

  • Lot Information

    North/South Exposure, Corner Lot, Desert Back, Desert Front

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,861 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,912
  • Property tax $735
  • Insurance $214

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Keller Williams Arizona Realty

Broker Name

Keller Williams Arizona Realty

Agent

Richard F Barker