25
See all 25 photos
$1,225,000
Est. payment /mo
0.31 Acres Lot
Active
7465 W 69th PL Arvada, CO 80003
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UPDATED:
10/25/2024 06:14 PM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8765876
Style Traditional
HOA Y/N No
Originating Board recolorado
Year Built 1964
Annual Tax Amount $4,087
Tax Year 2023
Lot Size 0.310 Acres
Acres 0.31
Property Description
Wonderful rare licensed & operating 12-bed assisted living home in Arvada—the only available ALF in the entire metro area. Clean, caring, & excellent culture. With only 10 residents it NETS $10,500/mo WITH management. An owner-operator will NET $196K/yr. Turn-key 8bdrm/3ba ranch—business & real estate included...keep the staff & administrator! Most residents are Medicaid, ensuring guaranteed income. Huge backyard w/ space to build out. Home could be licensed for 14 beds as-is, or 16 w/ build-out. Recent kitchen & main floor remodel, newer boiler(4 yrs), newer soffits, & driveway repairs. All furniture & office supplies included. Assisted living homes are in HIGH demand as 10K Baby Boomers turn 65 daily in the U.S., & 4K turn 85 each day. This is an excellent & safe cashflow investment for years to come. Please do not approach the home. All showings done through listing agent after buyer has been pre-approved, provides proof of funds, and demonstrates a serious intent to purchase.
Location
State CO
County Jefferson
Zoning Tax: Multiple Uses
Interior
Fireplace N
Exterior
Parking Features Concrete
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Phone Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Landscaped, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by HomeSmart Realty • jonathanghaly@gmail.com
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