7465 W 69th Place Arvada, CO 80003
Lamar Heights NeighborhoodEstimated payment $9,404/month
Highlights
- Open Floorplan
- Private Yard
- Front Porch
- Traditional Architecture
- No HOA
- Tile Flooring
About This Home
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. Large backyard for room to build out: home could be licensed for 14 beds as-is, or 16 beds w/ an expansion for major value-add. Recent kitchen & main-floor remodel, newer boiler(5 yrs), brand-new sewer line, newer soffits & driveway. All furniture & office supplies included. 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.
Listing Agent
HomeSmart Realty Brokerage Email: jonathanghaly@gmail.com License #100014621 Listed on: 08/04/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,087
Year Built
- Built in 1964 | Remodeled
Lot Details
- 13,504 Sq Ft Lot
- South Facing Home
- Private Yard
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 2,600 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Family Room with Fireplace
- Dining Room
- Utility Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Main Level Bedrooms
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Paved Parking
Outdoor Features
- Outdoor Grill
- Front Porch
Schools
- Secrest Elementary School
- North Arvada Middle School
- Arvada High School
Utilities
- Evaporated cooling system
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- Del Rey Subdivision
Listing and Financial Details
- Exclusions: Residents' and staff's personal belongings.
- Property held in a trust
- Assessor Parcel Number 006566
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,608 | $44,688 | $16,705 | $27,983 |
| 2024 | $4,087 | $42,136 | $17,908 | $24,228 |
| 2023 | $4,087 | $42,136 | $17,908 | $24,228 |
| 2022 | $3,452 | $32,442 | $10,451 | $21,991 |
| 2021 | $3,301 | $34,112 | $10,989 | $23,123 |
| 2020 | $3,000 | $31,090 | $10,989 | $20,101 |
| 2019 | $2,960 | $31,090 | $10,989 | $20,101 |
| 2018 | $2,756 | $28,151 | $6,735 | $21,416 |
| 2017 | $2,523 | $28,151 | $6,735 | $21,416 |
| 2016 | $2,777 | $29,189 | $7,299 | $21,890 |
| 2015 | $2,514 | $29,189 | $7,299 | $21,890 |
| 2014 | $2,514 | $24,835 | $6,209 | $18,626 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2026 08/04/26 | For Sale | $1,649,000 | -- | $634 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Warranty Deed | $750,000 | Land Title Guarantee Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $370,000 | Land Title Guarantee Company | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $320,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $135,000 | Land Title | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $625,000 | Future Advance Clause Open End Mortgage | |
| Closed | $551,550 | Commercial | |
| Previous Owner | $107,000 | Construction | |
| Previous Owner | $25,000 | Commercial | |
| Previous Owner | $333,000 | Commercial | |
| Previous Owner | $284,000 | Commercial | |
| Previous Owner | $125,000 | Commercial | |
| Previous Owner | $215,000 | Commercial | |
| Previous Owner | $142,700 | Commercial |
Source: REcolorado®
MLS Number: 2478745
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Ask me questions while you tour the home.