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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 bedrooms 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
  • Half baths1
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family - Detached
  • School district004 - Mesa Unified District
  • Elementary schoolAlma Elementary School
  • Junior highRhodes Junior High School
  • High schoolDobson High School
  • Year built1978
  • Lot size7,501 - 10,000
  • PoolNo
  • SewerSewer - Public
  • HeatingElectric Heat
  • HOA fees$138.00
  • Tax amount$2,112.00
  • Tax year2016
  • Office IDsh200
  • MLS® ID5629601

Broker: Edge Realty, LLC

Listing Courtesy of Edge Realty, LLC

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“I've bought and sold a home with the Amy Jones Group and on a scale from 1 to 10, this team is an 11! They are truly in a class all by themselves when it comes to reliability, professionalism, knowledge of the market, and assistance throughout the buying and selling transaction. There's not a shred of doubt in my mind that if I'm ever seeking real estate assistance in the Greater Phoenix area, The Amy Jones Group will get my business. Randy Warren”

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