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$1,225,000
8 Beds
1, 2 half Baths
2,600 SqFt
0.31 Acre Lot
13,503 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1964
Neighborhood Del Rey
Days on Website 60

Property Map

$1,225,000 – 7465 W 69th Place, Arvada, CO 80003

Street View

Courtesy of HomeSmart Realty {attribution_contact}

Description

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 estate 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.

Property Details and Features

Property Access

  • Road Frontage Type: “Public”
  • Road Responsibility: “Public Maintained Road”
  • Road Surface Type: “Paved”

Appliances & Equipment

  • “Dishwasher”, “Dryer”, “Freezer”, “Microwave”, “Range”, “Refrigerator”, “Washer”

Basement

  • Bathrooms: 0
  • Bedrooms: 0

Bathrooms

  • 3 total baths
  • 2 3/4 baths
  • 1 full bath
  • 3 bathrooms on the main level

Bedrooms

  • 8 total bedrooms
  • 8 bedrooms on the main level

Building

  • Above Grade Finished Area: 2600
  • Architectural Style: “Traditional”
  • Construction Materials: “Frame”, “Stucco”
  • Direction Faces: South
  • Entry Level: 1
  • Levels: “One”
  • Living Area: 2600
  • Occupant Type: Tenant
  • Room Count: 16
  • Structure Type: “House”
  • Total Area: 2600
  • Built in 1964
  • 12 total units

Cooling

  • Cooling: “Evaporative Cooling”

Disclosures

  • Attribution Contact: jonathanghaly@gmail.com,720-987-8998
  • Exclusions: Residents’ and staff’s personal belongings.

Exterior Features

  • Features: “Barbecue”, “Gas Grill”, “Private Yard”
  • Patio And Porch Features: “Front Porch”

Fireplaces

  • 1 fireplace
  • Fireplace Features: “Family Room”

Floors

  • Flooring: “Carpet”, “Tile”, “Vinyl”

Heating

  • Heating: “Baseboard”, “Hot Water”

Home Owner’s Association

  • Association Fee Total Annual: $0
  • Association Fee Annual: 0.00
  • Association Fee 2 Annual Expense: 0.00
  • Association Fee 3 Annual Expense: 0.00

Interior Features

  • Features: “Laminate Counters”, “No Stairs”, “Open Floorplan”

Listing

  • Listing Id: REC5803058
  • Standard Status: Active
  • Mls Status: Active
  • Listing Contract Date: 2024-10-24
  • Listing Terms: “Cash”, “Conventional”
  • Original List Price: $1,225,000
  • Special Listing Conditions: “None”

Location

  • County Or Parish: Jefferson
  • Subdivision Name: Del Rey

Lot

  • Acres: 0.31
  • Area: 0.31
  • Parcel Number: 006566
  • Square Feet: 13503.6

Owner Pays

  • Ownership: Corporation/Trust

Parking

  • Parking Total: 4
  • Carport Spaces: 0
  • Offstreet Spaces: 4
  • Reserved Spaces: 0
  • RV Spaces: 0
  • Parking Count: 1
  • Features: “Concrete”

Possession

  • “Closing/DOD”

Property

  • Current Use: “Live/Work”
  • Livable Structure Count: 0
  • Out Building Count: 0
  • Property Condition: “Updated/Remodeled”
  • Property Sub Type: Single Family Residence

Roof

  • Roof: “Composition”

Schools

  • Elementary School: Secrest
  • Elementary School District: Jefferson County R-1
  • Middle Or Junior School: North Arvada
  • Middle Or Junior School District: Jefferson County R-1
  • High School: Arvada
  • High School District: Jefferson County R-1

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Annual Amount: 4087
  • Legal Description: SECTION 02 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 202400 SUBDIVISIONNAME DEL RAY BLOCK 003 LOT 0002 SIZE: 4494 TRACT 00B VALUE: .103 SECTION 02 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 202400 SUBDIVISIONNAME DEL RAY BLOCK 003 LOT 0003 SIZE: 8870 TRACT 0 0A VALUE: .204
  • Tax Year: 2023

Utilities

  • Utilities: “Electricity Connected”, “Natural Gas Connected”
  • Water Included
  • Water Source: “Public”

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