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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 $288,480 $40.77
Other Income $17,751 $2.51
Vacancy Loss $8,654 $1.22
Effective Gross Income $297,578 $42.05
Taxes $12,589 $1.78
Operating Expenses $82,226 $11.62
Total Expenses $94,815 $13.40
Net Operating Income $202,762 $28.65

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $288,480
Annual Per SF $40.77
Other Income (CAD)
Annual $17,751
Annual Per SF $2.51
Vacancy Loss (CAD)
Annual $8,654
Annual Per SF $1.22
Effective Gross Income (CAD)
Annual $297,578
Annual Per SF $42.05
Taxes (CAD)
Annual $12,589
Annual Per SF $1.78
Operating Expenses (CAD)
Annual $82,226
Annual Per SF $11.62
Total Expenses (CAD)
Annual $94,815
Annual Per SF $13.40
Net Operating Income (CAD)
Annual $202,762
Annual Per SF $28.65

Property Facts

Price $2,773,663 CAD
Price Per Unit $231,139 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 $2,004 CAD 536
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
95262-67-003
Land Assessment
$17,219 CAD
Improvements Assessment
$199,738 CAD
Total Assessment
$216,956 CAD
Annual Taxes
$12,589 CAD ($1.78 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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