7465 W 69th Place
Arvada, CO 80003
2600 sqft | 0.31 acres | #8765876
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.
Property Details
- Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Phone Connected, Sewer Connected
- Lot DescriptionLandscaped, Near Public Transit
- Property SubtypeSpecial Purpose
- Sewer InformationPublic Sewer
- Original List Price$1,225,000
- CountyJefferson
- Property TypePurchase
- MLS #8765876
- Cost1225000
- MLS #8765876
- Utility SourcePublic
- Taxes Annual$4,087
- Acres0.31
- Square Feet2600
- Year Built1964
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jonathan Ghaly (#REC14621N)
Listing Office: HomeSmart Realty (#REC2HOME)
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