7465 W 69th PL Active

Arvada,CO 80003

$ 1225000

- Bed

- Bath

- SqFt


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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