9,033 SqFt
9,033 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,033 sqft
Price per Sqft $143
MLS Listing ID 5688769
HOA Y/N No
Year Built 1976
Annual Tax Amount $4,677
Tax Year 2025
Lot Size 0.549 Acres
Acres 0.55
Property Sub-Type Multi Family
Source recolorado
Property Description
The asset represents a true value-add opportunity driven by below market in place rents, interior renovation potential, and operational inefficiencies. Several units feature dated finishes and offer immediate upside through a light to moderate renovation program including flooring, kitchens, bathrooms, fixtures, and appliances, with market rents in the Loveland submarket supporting meaningful rent growth upon turnover. Additional upside exists through utility expense optimization, improved property management practices, and lease restructuring, while the two parcel configuration and diverse unit mix provide flexibility for future repositioning or redevelopment.
Location
State CO
County Larimer
Zoning B
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Schools and Properties Nearby
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