7465 W 69th PL Active Save Request In-Person Tour Request Virtual Tour
Arvada,CO 80003
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8765876
Style Traditional
Year Built 1964
Annual Tax Amount $4,087
Tax Year 2023
Lot Size 0.310 Acres
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
Exterior
Garage Concrete
Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Phone Connected,Sewer Connected
Roof Type Composition
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