Log In/Sign Up
Your email has been sent.
715-719 16th St SW 24 Unit Apartment Building $4,450,000 ($185,417/Unit) 5.91% Cap Rate Loveland, CO 80537
INVESTMENT HIGHLIGHTS
- Major Capital Improvements
- Common Area Laundry
- 24 Garages
EXECUTIVE SUMMARY
May also be purchased with:
1428 S California Ave - $2,025,000
4912 S Iowa Ave - $1,500,000
208 S Jefferson - $1,100,000
1428 S California Ave - $2,025,000
4912 S Iowa Ave - $1,500,000
208 S Jefferson - $1,100,000
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$415,296
|
$14.19
|
| Other Income |
$30,851
|
$1.05
|
| Vacancy Loss |
$12,459
|
$0.43
|
| Effective Gross Income |
$433,688
|
$14.82
|
| Taxes |
$21,727
|
$0.74
|
| Operating Expenses |
$121,765
|
$4.16
|
| Total Expenses |
$143,492
|
$4.90
|
| Net Operating Income |
$290,196
|
$9.92
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $415,296 |
| Annual Per SF | $14.19 |
| Other Income | |
|---|---|
| Annual | $30,851 |
| Annual Per SF | $1.05 |
| Vacancy Loss | |
|---|---|
| Annual | $12,459 |
| Annual Per SF | $0.43 |
| Effective Gross Income | |
|---|---|
| Annual | $433,688 |
| Annual Per SF | $14.82 |
| Taxes | |
|---|---|
| Annual | $21,727 |
| Annual Per SF | $0.74 |
| Operating Expenses | |
|---|---|
| Annual | $121,765 |
| Annual Per SF | $4.16 |
| Total Expenses | |
|---|---|
| Annual | $143,492 |
| Annual Per SF | $4.90 |
| Net Operating Income | |
|---|---|
| Annual | $290,196 |
| Annual Per SF | $9.92 |
PROPERTY FACTS
| Price | $4,450,000 | Apartment Style | Low-Rise |
| Price Per Unit | $185,417 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.16 AC |
| Cap Rate | 5.91% | Building Size | 29,268 SF |
| No. Units | 24 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.95/1,000 SF |
| Zoning | R-2 - Residential | ||
| Price | $4,450,000 |
| Price Per Unit | $185,417 |
| Sale Type | Investment |
| Cap Rate | 5.91% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.16 AC |
| Building Size | 29,268 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2025 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | R-2 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 24 | $1,442 | 800 |
1 1
PROPERTY TAXES
| Parcel Number | 95262-25-002 | Total Assessment | $268,000 |
| Land Assessment | $67,415 | Annual Taxes | $21,727 ($0.74/SF) |
| Improvements Assessment | $200,585 | Tax Year | 2025 Payable 2026 |
PROPERTY TAXES
Parcel Number
95262-25-002
Land Assessment
$67,415
Improvements Assessment
$200,585
Total Assessment
$268,000
Annual Taxes
$21,727 ($0.74/SF)
Tax Year
2025 Payable 2026
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
715-719 16th St SW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.