Arvada, CO 80003,7465 W 69th PL
Arvada, CO 80003,7465 W 69th PL
Arvada, CO 80003,7465 W 69th PL
Arvada, CO 80003,7465 W 69th PL
Arvada, CO 80003,7465 W 69th PL
Arvada, CO 80003,7465 W 69th PL
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

REAL

+1(303) 339-3543
$ 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 Sub-Type Special Purpose

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

REColorado (REColorado MLS)
Listed by HomeSmart Realty • jonathanghaly@gmail.com

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NEED DOWN PAYMENT ASSISTANCE?

Our team specializes in finding FREE DOWN PAYMENT GRANTS for UP TO 4% of the loan amount, and in most cases with no repayment requirement.

 

Basic requirements: 

        ~ NO First Time Home Buyer requirement!
        ~ 620+ Credit score
        ~ Make less than $195,600