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
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Luxe Haven Realty LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. September 25, 2026 9:56 PM UTCd