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1488 E 5th St
Loveland, CO 80537
Multifamily Property For Sale
·
6 Units
Investment Highlights
- This property boasts five 2 Bed/1 Bath, and one 1 Bed/1 Bath unit, providing great in-place cash flow.
- Opportunity to develop 5 additional units on site. Please call us for further details.
- Room to increase in place rent upon purchase.
- Value-add opportunity as only one unit has been recently renovated with new flooring and appliances.
- Minutes from Downtown Loveland, this property provides tenants easy access to restaurants, retail, and employment opportunities.
- Spacious 600 and 800 sq ft units.
Property Facts
| No. Units | 6 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 4,822 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | ||
| Zoning | R3E | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,822 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Zoning | R3E |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,400 | 650 |
| 2+1 | 5 | $1,537 | 800 |
Property Taxes
| Parcel Number | 85183-10-007 | Improvements Assessment | $64,375 |
| Land Assessment | $12,500 | Total Assessment | $76,875 |
Property Taxes
Parcel Number
85183-10-007
Land Assessment
$12,500
Improvements Assessment
$64,375
Total Assessment
$76,875
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