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715-719 16th St SW 24 Unit Apartment Building $6,152,125 CAD ($256,339 CAD/Unit) 5.91% Cap Rate Loveland, CO 80537

Apartment Buildings Colorado Loveland 715-719 16th St SW, Loveland, CO 80537

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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

ATTACHMENTS

OM - Loveland Multifamily Portfolio

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $574,147 $19.62
Other Income $42,652 $1.46
Vacancy Loss $17,225 $0.59
Effective Gross Income $599,574 $20.49
Taxes $30,038 $1.03
Operating Expenses $168,340 $5.75
Total Expenses $198,378 $6.78
Net Operating Income $401,196 $13.71

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $574,147
Annual Per SF $19.62
Other Income (CAD)
Annual $42,652
Annual Per SF $1.46
Vacancy Loss (CAD)
Annual $17,225
Annual Per SF $0.59
Effective Gross Income (CAD)
Annual $599,574
Annual Per SF $20.49
Taxes (CAD)
Annual $30,038
Annual Per SF $1.03
Operating Expenses (CAD)
Annual $168,340
Annual Per SF $5.75
Total Expenses (CAD)
Annual $198,378
Annual Per SF $6.78
Net Operating Income (CAD)
Annual $401,196
Annual Per SF $13.71

PROPERTY FACTS

Price $6,152,125 CAD Apartment Style Low-Rise
Price Per Unit $256,339 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 $6,152,125 CAD
Price Per Unit $256,339 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 $1,994 CAD 800
1 1

PROPERTY TAXES

Parcel Number 95262-25-002 Total Assessment $376,366 CAD
Land Assessment $94,674 CAD Annual Taxes $30,038 CAD ($1.03 CAD/SF)
Improvements Assessment $281,692 CAD Tax Year 2025 Payable 2026

PROPERTY TAXES

Parcel Number
95262-25-002
Land Assessment
$94,674 CAD
Improvements Assessment
$281,692 CAD
Total Assessment
$376,366 CAD
Annual Taxes
$30,038 CAD ($1.03 CAD/SF)
Tax Year
2025 Payable 2026
(303) 668-4930

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 37936846

  • Date on Market: 2025-10-03

  • Last Updated:

  • Address: 715-719 16th St SW, Loveland, CO 80537

The Loveland Multifamily Property at 715-719 16th St SW, Loveland, CO 80537 is currently available. Contact Required Properties for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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715-719 16th St SW
(303) 668-4930 x

715-719 16th St SW

Jules 'JB' Hochman
(303) 668-4930

Justin Brockman
(303) 993-9803

Chris Student
(952) 201-5676

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