Homes for sale - 7465 W 69th PL, Arvada, CO 80003

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Tim Reuss

tim@timandpatty.com +1(303) 601-9509

$ 1,225,000

Est. payment | -/mo

0.31 Acres Lot

Save

$ 1,225,000

Est. payment | -/mo

Save

0.31 Acres Lot

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

Listed by HomeSmart Realty • jonathanghaly@gmail.com

Making real estate fun, simple and stress-free!

+1(303) 601-9509

tim@timandpatty.com

8300 E Maplewood Ave, 100

7465 W 69th PL Arvada, CO 80003