3113 Teller Street

Wheat Ridge, CO 80033

Incomes Property  $653,000  Under Contract

04-11-2018 08:42am

Established assisted living facility situated in a park like setting located in the heart of Wheat Ridge is available for purchase. This facility is licensed for 8 residents and is functioning as a Medicaid paid program. Both the real estate and the business are included in the sale. This is a unique opportunity for an owner/operator to learn the business or for an investor to increase their portfolio of assisted living residences. Financial information will be available on request.

MLS#
2253167
MLS Originator
REcolorado (Denver)
Off Market Date
04-09-2018 12:00am
Original Price
$653,000

Property
Income
Property Subtype
Income
Under Contract
Status Conditions
None Known
Last Update
04-11-2018 08:42am
Bedrooms
8
Bathrooms
3
SqFt
4167
Year Built
1908
Der PSF Total
156.71

SqFt Lot
18121.00
SqFt Finished
3767
SqFt Basement
400
SqFt Above
3767

Previous Year Tax
$2,376
Terms and Conditions
Cash, Conventional, Other, Qualified Assumption
Owner Paid Utilities
Electricity,Gas,Water,Television,Internet,Phone
Transaction Type
For Sale

Appliances
Dishwasher, Disposal, Dryer, Microwave Oven
Flooring
Carpet, Vinyl/Linoleum
Cooling
Air Conditioning-Room
Heating
Baseboard, Hot Water
Heating Fuel
Gas, Hot Water
Utilities
Internet Access (Wired), Telephone

Laundry Availability
Washer/Dryer Included

Features
Balcony, Covered Patio
Base Type
Apartment
Base Finished
Yes
Base Size
Partial
Basement Finished %
100
Parking Spaces
1
Parking Features
Driveway-Gravel
Vehicle Spaces
6
Type
# of Space
L x W
Description
Off-Street
6
-

Building Type
Other
Structure
Multi-Story
Roof
Unknown
Construction
Brick, Other
Architectural Style
Traditional
Exterior Features
Balcony, Covered Patio
Features
Commercial Improvements
Construction Method
Brick,Frame
Builder Source
County Records

School District
Jefferson County R-1
Elementary School
Stevens
Middle School
Everitt
High School
Wheat Ridge

Annual Actual Expenses
97595
Annual Projected Expenses
110000
Annual Actual Income
181041
Annual Projected Income
214272
Annual Actual Net Income
83446
Annual Projected Net Income
104272
Unit Furnished
8

PPA
1554761.90
Lot Width
0.00
Road Surface
Paved Road

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