Listing Courtesy of: jonathanghaly@gmail.com,720-987-8998 - Jonathan Ghaly - Homesmart Realty
303-858-8100
$1,225,000
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7465 W 69th Place Arvada, CO 80003
Single Family
Residence
8
Beds
3
Baths
2,600
Sq. Ft.
0.31
Acre
Lot
Property Activity
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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 esta...te 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.
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MLS#
5803058
Property Type
Single Family
Status
Bedrooms
8
Bathrooms
1 Full
Year Built
1964
Square Feet
2,600
sq. ft
Lot Size
0.31
Stories
1.0
Sewer
Public Sewer
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