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1428 S California Ave 12 Unit Apartment Building $2,751,975 CAD ($229,331 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 $286,039 $40.42
Other Income $17,601 $2.49
Vacancy Loss $8,581 $1.21
Effective Gross Income $295,060 $41.70
Taxes $12,482 $1.76
Operating Expenses $81,531 $11.52
Total Expenses $94,013 $13.29
Net Operating Income $201,047 $28.41

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $286,039
Annual Per SF $40.42
Other Income (CAD)
Annual $17,601
Annual Per SF $2.49
Vacancy Loss (CAD)
Annual $8,581
Annual Per SF $1.21
Effective Gross Income (CAD)
Annual $295,060
Annual Per SF $41.70
Taxes (CAD)
Annual $12,482
Annual Per SF $1.76
Operating Expenses (CAD)
Annual $81,531
Annual Per SF $11.52
Total Expenses (CAD)
Annual $94,013
Annual Per SF $13.29
Net Operating Income (CAD)
Annual $201,047
Annual Per SF $28.41

Property Facts

Price $2,751,975 CAD
Price Per Unit $229,331 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 $1,988 CAD 536

Property Taxes

Property Taxes

Parcel Number
95262-67-003
Land Assessment
$17,117 CAD
Improvements Assessment
$198,559 CAD
Total Assessment
$215,676 CAD
Annual Taxes
$12,482 CAD ($1.76 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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