Loveland, CO 80537 4012 W Eisenhower Boulevard
$1,300,000


Presented By: Tracy Taylor Properties;
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
Home Details
DYNAMIC INVESTMENT OPPORTUNITY / RENT STABILZED PROPERTY
BUY / HOLD * EXPAND or REDEVELOP
This property offers a rare opportunity to acquire a rent-stabilized, nine-unit multi-family investment property in the thriving city of Loveland, Colorado. Strategically located on I-34 in West Loveland, this property is a high-opportunity commercial destination zone situated in Larimer County’s Growth Management Area.
RENT STABILIZED
Solid rent stabilization, strong cap rate with 100% tenancy for over five years.
CAPITAL IMPROVEMENTS
Property has experienced over $350,000 in capital improvements, upgrades and enhancements all meeting high quality standards.
ZONING
Commercial Destination (CD) zoning offers flexibility for various uses including multi-family, specified commercial, or hospitality development. Contact for specifics.
GROWTH MANAGEMENT ZONE
Located in Larimer County's Growth Management Zone, the property is poised to benefit from Larimer County’s growth plan and incentives for the region.
OPTION for ANNEXATION INCENTIVES
Prime location (borders city limits) for potential annexation into the City of Loveland offering increased property value, potential tax benefits, enhanced municipal services and utilities, and a voice in new development in the area. In this application, annexation can lead to higher property values due to improved services and access to more favorable zoning regulations.
With its prime location, ample land, commercial destination zoning, and opportunities for expansion or redevelopment, this property is well-positioned to generate attractive returns for investors.
Whether seeking stable income, long-term growth, or strategic development opportunities, Tower Ridge Apartments presents a compelling investment proposition in a dynamic and rapidly growing market.
Contact for financials and due diligence info.
Tracy Taylor 303-883-4498
tracy@tracytaylorproperties.com
Presented By: Tracy Taylor Properties;
General for 4012 W Eisenhower Boulevard
Architectural StyleTraditional
Attached Garage No
Building FeaturesWi-Fi
Building NameTower Ridge Apartments
Cap Rate5.25
Carport Spaces
CityLoveland
Construction MaterialsFrame, Vinyl Siding
CountyLarimer
Current UseCommercial, Multi-Family, Residential
Electric110V, 220 Volts
Garage Spaces
Gross Income115000
Lease Considered Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet65340
Lot Size UnitsSquare Feet
Number Of Units Total9
NumberOfUnitsVacant0
Occupancy TypeTenant (Multiple)
Operating Expense17000
OwnerPaysElectricity, Gas, Taxes, Trash Collection, Water
Property SubtypeMulti-Family
Property TypeCommercial Sale
RoofArchitecural Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
SewerSeptic Tank
Standard StatusActive
StatusActive
Stories1
Structure TypeLow Rise (1-3)
Tax Annual Amount1537
Tax Year2022
Tenant PaysCable TV, Internet, Telephone
UtilitiesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
Year Built1960
ZoningCommercial
Exterior for 4012 W Eisenhower Boulevard
Building Area Total5000
Lot FeaturesFoothills, Landscaped
Lot Size Acres1.5
Lot Size Area65340
Parking FeaturesAsphalt, Circular Driveway, Guest
Road Frontage TypePublic, Year Round
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Total Parking14
Water SourcePublic
Additional Details
Price History

Juranne Barrett
REALTOR®️