Property

Loveland, CO 80537 168 S Lincoln

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Presented By: Capstone Apartment Partners, LLC;
  • REColorado (MTOMLS) - 6 - CO
  • MLS# 2997044
  • 10/07/2024
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
  • SQFT • 8,270

Home Details

168 S Lincoln Ave: a 21-unit apartment community in Loveland, Colorado. The well-maintained property was built in 1935 and provides a unique opportunity to investors for a property with strong in place cash flow and the availability to develop in the heart of downtown Loveland. The property boasts high quality in unit upgrades in addition to brand new roofs, sewer line, and high efficiency boilers. Under R3e zoning, the City of Loveland allows for a variety of development opportunities including townhouses, multiplexes, duplexes, and infill multifamily. The recently finished mixed-use development, the Foundry, is just blocks from the property and boasts a 155-unit multifamily apartment as well as retail and dining. The City of Loveland provides residents ample opportunities to enjoy a vibrant community and proximity to the Colorado outdoors.
Presented By: Capstone Apartment Partners, LLC;

General for 168 S Lincoln

Attached Garage No
Cap Rate7
Carport Spaces
CityLoveland
CountyBoulder
Current UseMulti-Family
ExclusionsTenant Personal Property
Garage Spaces
Gross Income245610
Listing TermsCash, Conventional
Number Of Units Total21
Operating Expense69604
PossessionClosing/DOD
Property SubtypeMulti Family
Property TypeCommercial Sale
SewerCommunity Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10030
Tax Year2023
Year Built1935
ZoningR3e

Exterior for 168 S Lincoln

Building Area Total8270
Lot Size Area43952
Total Parking0

Additional Details

Price History

Tim Harper

Price $2,499,000
MLS#2997044
List Date 10/07/2024
Property Type Commercial
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