7465 W 69th PL, Arvada, CO 80003
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7465 W 69th PL, Arvada, CO 80003
7465 W 69th PL, Arvada, CO 80003
7465 W 69th PL, Arvada, CO 80003
7465 W 69th PL, Arvada, CO 80003
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Jason Roshek

Jason Roshek

+1(719) 237-0394
$ 1,649,000
Est. payment /mo
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Active

7465 W 69th PL Arvada, CO 80003

2,600 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $634

MLS Listing ID 1844469

Style Traditional

HOA Y/N No

Year Built 1964

Annual Tax Amount $4,087

Tax Year 2023

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Special Purpose

Source recolorado

Property Description

Excellent cashflowing 12-bed assisted living home in Arvada: the only ALR currently for sale in the metro area. Clean, caring, established culture with long-tenured residents & staff(paid $21/hr). Currently operating with 11 of 12 licensed beds filled, an NOI of $13,750/mo(10% cap rate); an owner-operator could make $19,000/mo NOI ($232K/yr). Filling the 12th bed projects to $17,600/mo with management or $23,500/mo ($282K/yr) owner-operated. This is a *turn-key* 8bdrm/3ba one-level 2600sf ranch. Real estate & business are included, retain the experienced staff & administrator! Most residents participate in Medicaid/InnovAge (PACE), providing consistent program-based income. Recent kitchen & main-floor remodel, newer boiler(5 yrs), brand-new sewer line, newer soffits & driveway. All furniture & office supplies included. Large backyard the residents love. 10,000 Baby Boomers are turning 80 each day in the U.S. through 2044: do good while generating meaningful income. Assisted living is in high, long-term demand while being a recession-resistant cashflow investment. Do not approach the home. Showings are through listing agent once buyer is pre-approved, provides proof of funds, and demonstrates serious intent to purchase. PLEASE read “ALF Buyer's Fact Guide” on Medicaid/InnovAge ALF operations in MLS Supplements before contacting the agent.

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 Brick,Frame,Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by HomeSmart Realty

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CONTACT US

+1(719) 237-0394

https://www.jasonroshek.com

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7465 W 69th PL