4012 W Eisenhower Boulevard
Loveland, CO 80537
5000 sqft | 1.50 acres | #4439581
Description
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
Property Details
- Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available,
- Lot DescriptionFoothills, Landscaped
- Structure TypeLow Rise (1-3)
- Property SubtypeMulti-Family
- Sewer InformationSeptic Tank
- Original List Price$1,300,000
- Property TypePurchase
- CountyLarimer
- MLS #4439581
- Cost1300000
- MLS #4439581
- Utility SourcePublic
- Taxes Annual$1,537
- Square Feet5000
- Year Built1960
- Acres1.5
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Tracy Lee Taylor (#REC054724)
Listing Office: Tracy Taylor Properties (#RECTTPRE)
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