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$1,225,000

Beds
8
Baths
2.5
sq ft
2,600

7465 W 69th Pl, Arvada, CO 80003

7465 W 69th Pl

Arvada, CO 80003

  • 11 days on market
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 flooring 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.

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

0.31 acres

Price per sq ft

$472

Year built

1964

Annual property taxes

$4,087

Price History

10/24/2024
REColorado

REColorado #5803058

Listed
$1,225,000
+63.33%
01/04/2019
REColorado

REColorado #8821673

Sold
$750,000

Schools & Community

Neighborhood: 

Hackberry Hill

Elementary school: 

Secrest

Middle school: 

North Arvada

High school: 

Arvada

High school district: 

Jefferson County R-1

Status: Active

Tomo last checked: 11/05/2024 at 3:55 AM

Listing updated: 10/25/2024 at 12:12 PM

Listed by: Jonathan Ghaly, HomeSmart Realty Phone #: (303) 858-8100

MLS: REColorado #5803058

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