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Stephanie "Brita" Rocco

stephanie@roccomountainhomes.com +1(719) 694-6901

$ 1,649,000

Est. payment -/mo

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7465 W 69th PL Arvada, CO 80003

8 Beds

2.5 Baths

2,600 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $634

Subdivision Del Rey

MLS Listing ID 2478745

Style Traditional

Bedrooms 8

Full Baths 1

Three Quarter Bath 2

HOA Y/N No

Abv Grd Liv Area 2,600

Year Built 1964

Annual Tax Amount $4,087

Tax Year 2023

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Single Family Residence

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. 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.

Location

State CO

County Jefferson

Rooms

Main Level Bedrooms 8

Interior

Interior Features Laminate Counters, No Stairs, Open Floorplan

Heating Baseboard, Hot Water

Cooling Evaporative Cooling

Flooring Carpet, Tile, Vinyl

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Y

Appliance Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Barbecue, Private Yard

Parking Features Concrete

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Frame,Stucco

Schools

Elementary Schools Secrest

Middle Schools North Arvada

High Schools Arvada

School District Jefferson County R-1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by HomeSmart Realty

Stephanie "Brita" Rocco

Broker | License ID: FA.100109670

+1(719) 694-6901

Stephanie "Brita" Rocco

7465 W 69th PL Arvada, CO 80003

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7465 W 69th PL