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1428 S California Ave 12 Unit Apartment Building $2,799,563 CAD ($233,297 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 $291,174 $41.15
Other Income $17,917 $2.53
Vacancy Loss $8,735 $1.23
Effective Gross Income $300,356 $42.45
Taxes $12,707 $1.80
Operating Expenses $82,994 $11.73
Total Expenses $95,701 $13.52
Net Operating Income $204,656 $28.92

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $291,174
Annual Per SF $41.15
Other Income (CAD)
Annual $17,917
Annual Per SF $2.53
Vacancy Loss (CAD)
Annual $8,735
Annual Per SF $1.23
Effective Gross Income (CAD)
Annual $300,356
Annual Per SF $42.45
Taxes (CAD)
Annual $12,707
Annual Per SF $1.80
Operating Expenses (CAD)
Annual $82,994
Annual Per SF $11.73
Total Expenses (CAD)
Annual $95,701
Annual Per SF $13.52
Net Operating Income (CAD)
Annual $204,656
Annual Per SF $28.92

PROPERTY FACTS

Price $2,799,563 CAD
Price Per Unit $233,297 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 $2,023 CAD 536

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
95262-67-003
Land Assessment
$28,193 CAD
Improvements Assessment
$133,805 CAD
Total Assessment
$161,998 CAD
Annual Taxes
$12,707 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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