SoldMay 3, 2018

Listed by Jared Harris and Scott Harris from Edge Realty, LLC

Bought with Ephrem Jando

Source: Arizona Regional Multiple Listing Service #5732230

1338 W Lobo Ave, Mesa, AZ, 85202

$390,333

9
3
3
3130 sq. ft.
8721 sq. ft.

SingleFam

Sold: May 3, 2018

What's around 1338 W Lobo Ave

About this property

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.

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