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1428 S California Ave 12 Unit Apartment Building $2,801,345 CAD ($233,445 CAD/Unit) 5.90% Cap Rate Loveland, CO 80537

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INVESTMENT HIGHLIGHTS

  • 12 Garages?
  • Common Area Laundry?
  • 0.7 Mile Walk to King Soopers and Surrounding Restaurants

EXECUTIVE SUMMARY

May also be purchased with:
4912 S Iowa Ave - $1,500,000
715-719 16th St - $4,450,000
208 S Jefferson - $1,100,000

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $291,359 $41.18
Other Income $17,929 $2.53
Vacancy Loss $8,740 $1.24
Effective Gross Income $300,548 $42.47
Taxes $12,715 $1.80
Operating Expenses $83,047 $11.74
Total Expenses $95,762 $13.53
Net Operating Income $204,786 $28.94

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $291,359
Annual Per SF $41.18
Other Income (CAD)
Annual $17,929
Annual Per SF $2.53
Vacancy Loss (CAD)
Annual $8,740
Annual Per SF $1.24
Effective Gross Income (CAD)
Annual $300,548
Annual Per SF $42.47
Taxes (CAD)
Annual $12,715
Annual Per SF $1.80
Operating Expenses (CAD)
Annual $83,047
Annual Per SF $11.74
Total Expenses (CAD)
Annual $95,762
Annual Per SF $13.53
Net Operating Income (CAD)
Annual $204,786
Annual Per SF $28.94

PROPERTY FACTS

Price $2,801,345 CAD
Price Per Unit $233,445 CAD
Sale Type Investment
Cap Rate 5.90%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.53 AC
Building Size 7,076 SF
No. Stories 1
Year Built/Renovated 1978/2025
Parking Ratio 1.84/1,000 SF
Zoning COMM

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 $2,024 CAD 536

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
95262-67-003
Land Assessment
$27,717 CAD
Improvements Assessment
$131,548 CAD
Total Assessment
$159,265 CAD
Annual Taxes
$12,715 CAD ($1.80 CAD/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 37936789

  • Date on Market: 2025-10-03

  • Last Updated:

  • Address: 1428 S California Ave, Loveland, CO 80537

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