THERE ARE 2 HOMES IN THIS SALE, 11255 & 11275 GRANT DR. Tremendous upside with this 32 bed assisted living residence that has been operating since 2012. Medicaid Rates have just been increased by 25%, and an increase in private pay rates bring this opportunity to attractive numbers! Typically 100% full, this operation has the efficiencies of scale, yet the feel of a home. The homes are in excellent condition, and have layouts conducive to their purposes. These homes were built specifically for assisted living, instead of being converted. Each home is a ranch style with 4332 SF per home. Up to code with all fire and life safety requirements. Each of the 11 bedrooms per house has a private bathroom, perfect if you want to convert to high end private pay. 2 car attached garages could be converted to additional bedrooms if desired. This operation is ready to take over! WE HAVE A MANAGEMENT COMPANY READY TO STEP IN, MAKING THIS A PASSIVE INVESTMENT OPPORTUNITY!
Off market
$1,097,100
11255 Grant Dr, Northglenn, CO 80233
22beds
24baths
4,332sqft
Income
Built in 1998
0.44 Acres Lot
$1,097,100 Zestimate®
$253/sqft
$1,946 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 24
Heating
- Forced air, Gas
Cooling
- Central
Interior area
- Total interior livable area: 4,332 sqft
Property
Lot
- Size: 0.44 Acres
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Income
Materials
- Roof: Composition
Condition
- Year built: 1998
Community & neighborhood
Location
- Region: Northglenn
Other
Other facts
- Property Sub Type: Income
- Property Type: Income
- Structural Style: Ranch/1 Story
- Construction Methods: Frame
- Building Type: Other
- Features: Fire Alarm, Fire Sprinkler
- School District: Adams 12 5 Star Schl
- Construction Materials: Vinyl Siding
- MLS: REcolorado
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Estimated market value
$1,097,100