$2,499,000
For Sale

168 S Lincoln

Loveland, CO 80537
Listing OfficeCapstone Apartment Partners, LLC
Browse 22 photos
Type:Purchase
Structure:2 Family
Zone:Commercial

Description

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.

  • Property Details
      • Sewer InformationCommunity Sewer
      • Property SubtypeMulti Family
      • Original List Price$2,700,000
      • Property TypePurchase
      • CountyBoulder
      • Taxes Annual$10,030
      • MLS #2997044
      • Cost2499000
      • MLS #2997044
      • Square Feet8270
      • Year Built1935

Location

Carter Holt and Linda Tran with The International Group | RE/MAX ProfessionalsReal Estate Group
OR

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