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1338 W LOBO Avenue, Mesa, Arizona

$400,0009 Beds3 BathsActive

1338 W LOBO Avenue, Mesa, Arizona 85202
Edge Realty, LLC - MLS® ID: 5629601

Property Details

1338 W LOBO Avenue, Mesa, Arizona 85202 - This property is being sold to investors only as it currently operates as an assisted living facility. The current lease is a three year lease for $3000 per month. The tenant has the option to extend the lease each year for seven additional years. If the tenant extends the landlord can negotiate a higher monthly lease amount. The home has nine beds three bathrooms and an office. The Home and business is licensed for a maximum of 10 residents. There is a large greatroom with lots of natural light and a big screen TV. Premium location for this type of business in Mesa.


  • Zip85202
  • CountyMaricopa
  • SQFT3130
  • Bedrooms9
  • Full baths3
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family
  • School districtMesa Unified District
  • Elementary schoolAlma Elementary School
  • Junior highRhodes Junior High School
  • High schoolDobson High School
  • Year built1978
  • Lot size8721.00
  • SewerSewer - Public
  • CoolingRefrigeration
  • Tax amount$2,112.00
  • Tax year2016
  • Office IDedre001
  • Agent IDjh758
  • Agent nameJared Harris
  • MLS® ID5629601

Broker: Edge Realty, LLC

Listing Courtesy of Edge Realty, LLC

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“Best realtor we have ever worked with. The virtual tour of our house that she prepared was outstanding!! She is extremely professional and knowledgeable. We would have no reservations in recommending Kris to anyone who wants to buy or sell a house.”

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