Property Map
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”