Address
7465 W 69th Place, Arvada, CO
Price
$ 1,649,000
Property Attributes
- MLS#2478745
- TypeSingle Family
- Listing Status Active
- CountyJEFFERSON
- CityArvada
- NeighborhoodDel Rey
- Zip80003
- StyleTraditional
- Year Built1964
- Taxes$ 4087
- Price$ 1,649,000
- Bedrooms8
- Full Bathrooms3
- 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Secrest Elementary School | North Arvada Middle School | Arvada High School |
| Price History | |
|---|---|
| 8/4/2026 | Listed $1,649,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Hot Water |
| Cooling | Evaporative Cooling |
| Utilities | Electricity Connected,Natural Gas Connected |
| Possession | Closing/DOD |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Freezer,Microwave,Range,Refrigerator,Washer |
| Patio/Porch Features | Front Porch |
| Architectural Style | Traditional |
| Construction Materials | Brick,Frame,Stucco |
| Exclusions | Residents' and staff's personal belongings. |
| Year Built | 1964 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2023 |
| Current Use | Live/Work |
| Ownership | Corporation/Trust |
| County | Jefferson |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Del Rey |
| Facing Direction | South |
| Full Baths | 1 |
| Status | Active |
| Directions | Google Maps. |
| High School | Arvada |
| City | Arvada |
| Senior Community Y/N | No |
| High School District | Jefferson County R-1 |
| Number Of Units Total | 12 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 13503.6 |
| Listing Terms | Cash,Conventional |
| Elementary School | Secrest |
| Tax Annual Amount | 4087 |
| Home Warranty Y/N | No |
| Middle/Junior High School | North Arvada |
| Property Condition | Updated/Remodeled |
| Ok to Lease | Other |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Jefferson County R-1 |
| Elementary School District | Jefferson County R-1 |
Interior Features
| Interior Amenities | Laminate Counters,No Stairs,Open Floorplan |
|---|---|
| Flooring | Carpet,Tile,Vinyl |
| Total Fireplaces | 1 |
| Fireplace Features | Family Room |
| Basement (Y/N) | No |
| Above Grade Finished Area | 2600 |
| 3/4 Baths | 2 |
| Total Bedrooms | 8 |
| Entry Level | 1 |
| Main Level Bedrooms | 8 |
| Main Level Bathrooms | 3 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Barbecue,Private Yard |
|---|---|
| Parking Features | Concrete |
| 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 Single Family Average in 80003
Price
Taxes
Year Built
Visits
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