4012 W Eisenhower Boulevard, Loveland, CO 80537
Overview
- Commercial Sale
- 5000
- 1960
Description
BACK on MARKET! (Due to buyer financing only)
DYNAMIC 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
Address
Open on Google Maps- Address 4012 W Eisenhower Boulevard
- City Loveland
- State/county CO
- Zip/Postal Code 80537
- Country United States
Details
Updated on April 6, 2024 at 1:06 pm- Property ID: AMR30238984
- Price: $1,875,000
- Property Size: 5000 Sqft
- Land Area: 1.5 lot_area_unit
- Year Built: 1960
- Property Type: Commercial Sale
- Property Status: For Sale
- MLS#: REC6920725
- Office Name: TRACY TAYLOR PROPERTIES
- Agent Name: Tracy Lee Taylor
- MLS Status: Active
Additional details
- List Office MLSID: RECTTPRE
- List Agent MLSID: REC054724
- List Date: 2023-07-27T06:59:55.000Z
- Roof: Architecural Shingle
- Sewer: Septic Tank
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