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Listing Source
With courtesy of HomeSmart Realty Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
7465 W 69th Place
Arvada, CO 80003
— Jefferson
County
Commercial Sale$1,225,000Active Listing# 8765876
2600.00 sqft
Lot size: 13503.60 sqft
0.31 acres
1964 build
Wonderful rare licensed and operating 12-bed assisted living home in Arvada—the only available ALF in the entire metro area. Clean, caring, and 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 and real estate included...keep the staff and 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 and main floor remodel, newer boiler(4 yrs), newer soffits, and driveway repairs. All furniture and office supplies included. Assisted living homes are in HIGH demand as 10K Baby Boomers turn 65 daily in the U.S., and 4K turn 85 each day. This is an excellent and 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.