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$1,649,000
1844469 MLS
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.

7465 W 69th Pl, Arvada
$1,275,000
6824157 MLS
Location, location, location with this newly reconstructed commercial building close to highly desirable Olde Town Arvada, with the light rail as well as lots of new development within walking distance. This is currently operating as an adult day care center and the business is also for sale- all financials profit and loss statements available upon request of serious buyer. Other commercial uses allow perfectly for small church, Sober Living Home, Assisted Living home or event center or an office building. The large gathering area was added in 2015 with the smaller attached area that would allow for a separate residence! The circular driveway allows for easy ingress and egress as well as a second entrance and driveway with additional parking, and an attached one car garage. There is plenty of land that can be converted into additional parking. Be sure to see crawl space/unfinished basement (68' 3" x 40' 6") with 6' ceilings that can be easily added to square footage with the addition of a staircase. This has cement floors, and it is ready to go! The two lots combined offer .46 acres and R13 Zoning, allowing for redevelopment of multifamily homes as well. Seller is open to an owner carry financing option for up to 500k (on the property only) with 500k in first position, with mutually beneficial terms. Business is for sale, for 400k, with or separate from the property. Information deemed reliable and true and Buyer to confirm all information.

5370 Carr St, Arvada


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