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4912 S Iowa Ave
Loveland, CO 80537
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Offered at an attractive 6.95% in-place cap rate, providing immediate income with stable in-place returns from the first day of ownership.
- Each unit benefits from access to garage parking, providing additional convenience for residents while creating a premium amenity.
- Each residence features its own washer and dryer hookups, a highly sought-after amenity that enhances tenant satisfaction.
- Comprised entirely of spacious two-bedroom apartments, the property appeals to roommates, small families, and long-term renters.
- Loveland continues to experience population growth, a diversified employment base, and limited multifamily inventory, supporting long-term occupancy.
- The property is located near the Centerra retail corridor, UCHealth Medical Center of the Rockies, McKee Medical Center, and many other employers.
Executive Summary
Marcus & Millichap is pleased to present 4912 S Iowa Avenue, a seven-unit multifamily investment opportunity in Loveland, Colorado. Offered at an attractive 6.95% in-place cap rate, the property provides immediate cash flow while featuring highly desirable all two-bedroom floorplans that appeal to a broad renter base. Residents benefit from the
convenience of in-unit washers and dryers as well as seven detached garages, amenities that continue to differentiate the asset from competing properties and support long-term tenant retention. Ideally situated in one of Northern Colorado’s strongest multifamily markets, the property offers convenient access to major employers including Hach,
McKee Medical Center, UCHealth, and the Centerra employment corridor, while being minutes from shopping, dining, recreation, and I-25, positioning the asset for durable
occupancy and continued rental demand.
convenience of in-unit washers and dryers as well as seven detached garages, amenities that continue to differentiate the asset from competing properties and support long-term tenant retention. Ideally situated in one of Northern Colorado’s strongest multifamily markets, the property offers convenient access to major employers including Hach,
McKee Medical Center, UCHealth, and the Centerra employment corridor, while being minutes from shopping, dining, recreation, and I-25, positioning the asset for durable
occupancy and continued rental demand.
Property Facts
| Price Per Unit | $204,015 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.58 AC |
| Cap Rate | 6.95% | Building Size | 5,390 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low-Rise | Parking Ratio | 1.3/1,000 SF |
| Zoning | FA1 | ||
| Price Per Unit | $204,015 CAD |
| Sale Type | Investment |
| Cap Rate | 6.95% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 5,390 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | FA1 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Patio
Site Amenities
- 24 Hour Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | 644 |
Property Taxes
| Parcel Number | 94024-06-013 | Improvements Assessment | $71,670 CAD |
| Land Assessment | $17,587 CAD | Total Assessment | $89,257 CAD |
Property Taxes
Parcel Number
94024-06-013
Land Assessment
$17,587 CAD
Improvements Assessment
$71,670 CAD
Total Assessment
$89,257 CAD
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