208 S Jefferson Ave, Loveland, CO 80537

$900,000
6
BD
6
BA
3,627
SqFt

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List Price
$900,000
Status
ACTIVE
MLS#
7182793
Year Built
1972
Bedrooms
6
Bathrooms
6
Stories
One
Living Area
3,627
Region
Loveland/Berthoud
Subdivision
Ballard Place

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.

Additional Information

Taxes
$6,735
School District
Thompson R2-J
Elementary School
Winona
Middle School
Bill Reed
High School
Mountain View
Heating
Baseboard
Utilities
Natural Gas Available, Electricity Available
Garage Spaces
6
Zoning
R3E

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Calculator source: Real Geeks

Listing courtesy of Charles Burkhart.

charles.burkhart@marcusmillichap.com,214-336-6064

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