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$ 2,650,000
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Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2997044
HOA Y/N No
Originating Board recolorado
Year Built 1935
Annual Tax Amount $10,030
Tax Year 2023
Property Description
Capstone Apartments Partners is pleased to present 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. 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.
Location
State CO
County Boulder
Zoning R3e
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Community Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Capstone Apartment Partners, LLC • ariddle@capstone-companies.com
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Vanessa Guzman
Broker-Owner | Lic# ER.040014737