$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
- 29 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 #5803058
Listed
$1,225,000
+63.33%
01/04/2019
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: 11/22/2024 at 5:00 PM
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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