199 S Jefferson Ave - Multi-Family FOR SALE


Loveland, CO 80537- Downtown Loveland
$1,100,000 USD
303-990-4361
199 S Jefferson Ave, Loveland, CO for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/6
null | 4.99% Cap Rate

199 S Jefferson Ave
Loveland, CO 80537
Downtown Loveland


HIGHLIGHTS

  • 199 S Jefferson boasts very large units, all over 1,000 square feet.
  • Individually metered units presents less operating expenses and complications with pass through utility billing.
  • 2003 construction means fewer immediate maintenance costs and updated building standards.
  • Rents are under market presenting an opportunity for investors to boost performance and maximize value.

OVERVIEW

The 199 S Jefferson Ave Apartments is a fully-occupied 4-unit multifamily property in the heart of Loveland, Colorado, offered at $1,100,000 by MMG. Built in 2003, this newer build features all two-bed, one-bath units. With 8 off-street parking spaces and close proximity to popular local dining, retail, and major employers, 199 S Jefferson presents an opportunity for investors to acquire a stabilized asset in a central location with solid, ongoing rental demand.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

4.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R3E

APN/PARCEL ID

95242-49-002

ASK ABOUT THIS PROPERTY

303-990-4361

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303-990-4361

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