Log In/Sign Up
Your email has been sent.
715-719 16th St SW 24 Unit Apartment Building $6,047,550 CAD ($251,981 CAD/Unit) 5.91% Cap Rate Loveland, CO 80537
Investment Highlights
- Major Capital Improvements
- Common Area Laundry
- 24 Garages
Executive Summary
May also be purchased with:
1428 S California Ave - $2,025,000
4912 S Iowa Ave - $1,500,000
208 S Jefferson - $1,100,000
1428 S California Ave - $2,025,000
4912 S Iowa Ave - $1,500,000
208 S Jefferson - $1,100,000
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$564,387
|
$19.28
|
| Other Income |
$41,927
|
$1.43
|
| Vacancy Loss |
$16,932
|
$0.58
|
| Effective Gross Income |
$589,382
|
$20.14
|
| Taxes |
$29,527
|
$1.01
|
| Operating Expenses |
$165,479
|
$5.65
|
| Total Expenses |
$195,006
|
$6.66
|
| Net Operating Income |
$394,376
|
$13.47
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $564,387 |
| Annual Per SF | $19.28 |
| Other Income (CAD) | |
|---|---|
| Annual | $41,927 |
| Annual Per SF | $1.43 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $16,932 |
| Annual Per SF | $0.58 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $589,382 |
| Annual Per SF | $20.14 |
| Taxes (CAD) | |
|---|---|
| Annual | $29,527 |
| Annual Per SF | $1.01 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $165,479 |
| Annual Per SF | $5.65 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $195,006 |
| Annual Per SF | $6.66 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $394,376 |
| Annual Per SF | $13.47 |
Property Facts
| Price | $6,047,550 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $251,981 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.16 AC |
| Cap Rate | 5.91% | Building Size | 29,268 SF |
| No. Units | 24 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.95/1,000 SF |
| Zoning | R-2 - Residential | ||
| Price | $6,047,550 CAD |
| Price Per Unit | $251,981 CAD |
| Sale Type | Investment |
| Cap Rate | 5.91% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.16 AC |
| Building Size | 29,268 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2025 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | R-2 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 24 | $1,960 CAD | 800 |
1 1
Property Taxes
| Parcel Number | 95262-25-002 | Total Assessment | $359,451 CAD |
| Land Assessment | $86,117 CAD | Annual Taxes | $29,527 CAD ($1.01 CAD/SF) |
| Improvements Assessment | $273,334 CAD | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
95262-25-002
Land Assessment
$86,117 CAD
Improvements Assessment
$273,334 CAD
Total Assessment
$359,451 CAD
Annual Taxes
$29,527 CAD ($1.01 CAD/SF)
Tax Year
2025 Payable 2026
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
715-719 16th St SW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.