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

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Bill Watson

bill@watsonrg.com +1(303) 842-0836

$1,225,000

Est. payment - /mo

0.31 Acres Lot

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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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Listed by HomeSmart Realty • jonathanghaly@gmail.com

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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7465 W 69th PL Arvada, CO 80003