MLS# 5803058 – 7465 W 69th Place, Arvada, CO 80003

$1,225,000 - 8Br/3Ba - for Sale in Del Rey, Arvada

Price: $1,225,000

Beds: 8

Baths: 1 full, 2 half

Living Area SqFt: 2,600

Status: Active

Property Type: Single Family Residence

Lot Size Acres: 0.31

Lot Size SqFt: 13,503

Year Built: 1964

Neighborhood: Del Rey

Days on Website: 60

Courtesy of HomeSmart Realty {attribution_contact}

Property 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”

Property Map

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

Street View

Nearby Schools

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