Listed By:
HomeSmart Realty;
Address
7465 W 69th Place, Arvada, CO
Price
$ 1,649,000
Property Attributes
  • MLS#1844469
  • TypeCommercial
  • Listing Status Active
  • CountyJEFFERSON
  • CityArvada
  • Zip80003
  • StyleTraditional
  • Year Built1964
  • Taxes$ 4087
  • Price$ 1,649,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2600
  • Lot Size0.31 Acres
Data Source:
REColorado (MTOMLS)
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. Recent kitchen & main-floor remodel, newer boiler(5 yrs), brand-new sewer line, newer soffits & driveway. All furniture & office supplies included. Large backyard the residents love. 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.

Price History
8/4/2026 Listed $1,649,000

General Features

Sewer Public Sewer
Utilities Cable Available,Electricity Connected,Internet Access (Wired),Phone Connected,Sewer Connected
Possession Closing/DOD
Roof Composition
Zoning Tax: Multiple Uses
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Panic Alarm,Smart Cameras,Smoke Detector(s)
Construction Materials Brick,Frame,Stucco
Exclusions Residents' and staff's personal belongings.
Year Built 1964
Stories Count 1
Property Subtype Special Purpose
Tax Year 2023
Current Use Day Care
Gross Income 515089
Building Name Manto Homes
County Jefferson
Operating Expense 350089
Property Type Commercial Sale
Attached Garage No
Building Features On Site Management
Status Active
City Arvada
Number Of Units Total 12
Lot Size Units Acres
Lot Size Square Feet 13503.6
Listing Terms Cash,Conventional
Tax Annual Amount 4087
NumberOfUnitsVacant 1
Leasable Area 2600
Lease Considered Y/N No
Standard Status Active
Occupancy Type Tenant
Cap Rate 10

Exterior Features

Parking Features Concrete
Lot Features Landscaped,Near Public Transit
Water Source Public
Total Parking 4
Lot Size Area 0.31
Building Area Total 2600
Lot Size Acres 0.31
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80003

Price
AVG $610K
$1.65M
Taxes
AVG $7,598
$4,087
Year Built
AVG 1973
1964
Visits
AVG 33
12
Data Provided by Inside Real Estate®