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7465 w 69th place arvada, CO 80003

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$1,649,000

Beds: 8
Baths: 3
Fin SqFt: 2600
MLS Number:
2478745

Calculate Mortgage Payment
Est. $9,474 / month

What's My Home Worth?

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. Large backyard for room to build out: home could be licensed for 14 beds as-is, or 16 beds w/ an expansion for major value-add. Recent kitchen & main-floor remodel, newer boiler(5 yrs), brand-new sewer line, newer soffits & driveway. All furniture & office supplies included. 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.

Status: Active

Listing Office:
homesmart realty

Interior Features:

Laminate Counters
No Stairs
Open Floorplan

Exterior Features:

Barbecue
Private Yard

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Want to schedule a private showing on this home or another home in arvada? Call us at 303-726-1874 or email us at properties@petrelliteam.com.

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The Brian Petrelli Team is your Del Rey, arvada home specialist.

Our team of local arvada experts have over 200 years of combined expertise in the Colorado Real Estate market. Give us a call today to put our knowledge and experience to work for you as you buy or sell your next Del Rey home.

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The Brian Petrelli Team
Phone: 303-726-1874
properties@petrelliteam.com

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More arvada Home Searches:

Homes Near 7465 W 69th Place Arvada, Co 80003

7465 w 69th place
arvada 80003
Status: Active

$1,649,000.00
Beds: 8 Baths: 3

3900 w 64th avenue
arvada 80003
Status: Pending

$1,450,000.00
Beds: 2 Baths: 1

6316 tennyson street
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Status: Active

$1,380,000.00
Beds: 4 Baths: 4

Want to see more properties in Del Rey , arvada or the surrounding areas? Email us for a full list at properties@petrelliteam.com.

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Call us today and find out why we're leaders for Houses in arvada, Colorado and the most most qualified REALTORS in Del Rey. We can show you any available home in arvada, Colorado and provide you with the expertise and knowledge to make sure you get the best value for your money. In addition, we have access to $0 down mortgage programs to make financing easier. Best of all, as a buyer, our services cost you nothing! What are you waiting for? Call us today!
303-726-1874

The content relating to real estate for sale in this web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than The Brian Petrelli Team 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.

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