Valerie Meyers - Coldwell Banker Distinctive Properties
7465 W 69th Place
Arvada, CO 80003

Description

MEDICAID APPROVED ASSISTED LIVING WITH GREAT INCOME POTENTIAL* LICENSED FOR 8 RESIDENTS AT THIS TIME AND PAPERWORK HAS BEEN SUBMITTED FOR UP TO 12 RESIDENTS WITH THE CITY AND HEALTH DEPATMENT*EASY ACCESS, TURN KEY OPERATION. SOME BEDROOMS MAY BE NON-CONFORMING. PLEASE SEE SUPPLEMENTALS FOR FLOOR PLAN, INCOME POTENTIAL AND FINANCIALS*MEDICAID RATES HAVE JUST BEEN INCREASED BY 25% AND IS TO BE IN EFFECT OCTOBER 1*CURRENT GROSS INCOME WITH 8 IS 220,600 WITH A NET INCOME OF $76,000*POTENTIAL GROSS INCOME COULD GO TO $381,000 WITH $225,800 NET INCOME WITH ADDITIONAL RESIDENTS (CURRENTLY IN REVIEW FOR APPROVAL) AND FACTORING IN THE 25% INCREASE FROM MEDICAID FINANCIALS DO NOT INCLUDE TAXES*BUYER TO VERIFY TAXES, FINANCIALS, AND OCCUPANCY CAPACITY.

Details

MLS#3505149
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1964
Days On Site72

Features

SQ Feet2,600
Story(s)1
ZoningRED

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Area Information

StateCO
CountyJefferson
CityArvada
Zip Code80003
AreaJefferson
Listing VS Median (in 80003)
Price:
$750,000
low | high
Med:
$390,000
98% of Average
SqFt:
2,600
low | high
Med:
2,002
73% of Average
$ / SqFt:
$288
low | high
Med:
$195
82.467532467532% of Average
On Site:
72
low | high
Med:
48
100% of Average
Listing Updated: 10/17/2018
MLS Number: 3505149
Listing Provided By:
Kimberly Pitaniello  of  RE MAX Alliance
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