SoldJan 4, 2019

Listed by Kimberly Pitaniello

Bought with Jonathan Ghaly from HomeSmart

Source: REcolorado #8821673

7465 W 69th Pl, Arvada, CO, 80003

$750,000

8
4
2600 sq. ft.
13364 sq. ft.

SingleFam

Sold: Jan 4, 2019

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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.

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