For Sale
$1,100,000

199 S Jefferson Ave Loveland, CO 80537

Four-unit apartment building, prime Loveland location.

Overview

Added:
Jan 15
Days on market:
103
This exceptional investment opportunity presents a fully occupied four-unit apartment building situated at 199 S Jefferson Ave in Loveland, Colorado. Offered at $1,100,000, this 4,000 square foot property, built in 2003, boasts four spacious two-bedroom, one-bathroom units, each exceeding 1,000 square feet. The property includes eight off-street parking spaces, a significant advantage in a desirable location. Its central location provides easy access to a variety of local amenities, including popular restaurants, retail establishments, and major employers, ensuring consistent rental demand. The individually metered units simplify utility billing and reduce operating expenses. The newer construction minimizes immediate maintenance needs and reflects updated building standards. Currently operating below market rents, this property offers a compelling opportunity for investors to increase profitability and maximize the asset's value. The 0.21-acre lot provides ample space for the building and parking. This is a stabilized asset in a high-demand area, presenting a strong return on investment.

Highlights

  • Fully occupied 4-unit apartment building in desirable Loveland, CO.
  • Built in 2003, this property offers low maintenance and updated features.
  • Eight off-street parking spaces and prime location near dining and employers.

Property Details for 199 S Jefferson Ave

Property type
Investment properties, Residential income homes
Square Feet
4,000 SF
Price / Square Foot
$275
Year Built
2003
Stories
2
Elevators
N/A
Lot Size (sq. ft)
9,148 SF
Units
4

Location Insight

City
Loveland
County
State
Colorado

FAQs

What type of property is this?
Investment property - Four-unit apartment building, prime Loveland location.
Where is the investment property located?
The property is located at 199 S Jefferson Ave Loveland, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully occupied 4-unit apartment building in desirable Loveland, CO.; Built in 2003, this property offers low maintenance and updated features.; Eight off-street parking spaces and prime location near dining and employers.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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199 S Jefferson Ave
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