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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 $293,969 $41.54
Other Income $18,089 $2.56
Vacancy Loss $8,818 $1.25
Effective Gross Income $303,239 $42.85
Taxes $12,829 $1.81
Operating Expenses $83,791 $11.84
Total Expenses $96,619 $13.65
Net Operating Income $206,620 $29.20

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $293,969
Annual Per SF $41.54
Other Income (CAD)
Annual $18,089
Annual Per SF $2.56
Vacancy Loss (CAD)
Annual $8,818
Annual Per SF $1.25
Effective Gross Income (CAD)
Annual $303,239
Annual Per SF $42.85
Taxes (CAD)
Annual $12,829
Annual Per SF $1.81
Operating Expenses (CAD)
Annual $83,791
Annual Per SF $11.84
Total Expenses (CAD)
Annual $96,619
Annual Per SF $13.65
Net Operating Income (CAD)
Annual $206,620
Annual Per SF $29.20

Property Facts

Price $2,826,434 CAD
Price Per Unit $235,536 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 $2,042 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
$17,303 CAD
Improvements Assessment
$200,713 CAD
Total Assessment
$218,016 CAD
Annual Taxes
$12,829 CAD ($1.81 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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