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Crystal Martinez

crystal.martinez@engelvoelkers.com +1(719) 922-7383

$ 900,000

Est. payment -/mo

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208 S Jefferson AVE Loveland, CO 80537

6 Beds

6 Baths

3,627 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,627 sqft

Price per Sqft $248

Subdivision Ballard Place

MLS Listing ID 7182793

Bedrooms 6

HOA Y/N No

Year Built 1972

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Quadruplex

Property Description

Marcus & Millichap is pleased to present the opportunity to acquire 208 S. Jefferson Avenue, a six-unit multifamily community located in the heart of Loveland, Colorado. Comprised entirely of efficiently designed one-bedroom apartments, the property offers investors a highly desirable unit mix that appeals to the city's large renter population of young professionals, singles, and downsizing residents. Offered at an attractive in-place 7.19% capitalization rate, the asset provides strong day-one cash flow while allowing new ownership to benefit from stable occupancy and dependable income. Positioned just minutes from Downtown Loveland, major employers, retail amenities, and the Highway 34 and I-25 corridors, 208 S. Jefferson Avenue represents an opportunity to acquire a well-located, income-producing asset in one of Northern Colorado's strongest and most supply-constrained rental markets.

Location

State CO

County Larimer

Zoning R3E

Interior

Interior Features Laminate Counters, Walk-In Closet(s)

Heating Baseboard

Cooling None

Flooring Vinyl

Exterior

Fence None

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Schools

School District Elementary: Thompson R2-J, Middle/Junior: Thompson R2-J, High: Thompson R2-J

Others

Senior Community No

Tax ID R0415855

Special Listing Condition None Known

Listed byMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.

NEARBY SCHOOLS & PROPERTIES

Crystal Martinez

Advisor

+1(719) 922-7383

Crystal Martinez

208 S Jefferson AVE Loveland, CO 80537

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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208 S Jefferson AVE