Marcus & Millichap is pleased to present the opportunity to acquire 208 S. Jefferson Avenue, a six-unit multifamily community located in the heart of Loveland, Colorado. Comprised entirely of efficiently designed one-bedroom apartments, the property offers investors a highly desirable unit mix that appeals to the city’s large renter population… Read More of young professionals, singles, and downsizing residents. Offered at an attractive in-place 7.19% capitalization rate, the asset provides strong day-one cash flow while allowing new ownership to benefit from stable occupancy and dependable income. Positioned just minutes from Downtown Loveland, major employers, retail amenities, and the Highway 34 and I-25 corridors, 208 S. Jefferson Avenue represents an opportunity to acquire a well-located, income-producing asset in one of Northern Colorado’s strongest and most supply-constrained rental markets. Read Less
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
Quadruplex
Beds
6
Square Ft.
7,254
Lot Size
0.23 Acres
Year Built
1972
MLS Number
7182793
30 Days Snapshot Of 80537
$628k
+6%
(avg) sold price
65
-10%
homes sold
67
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 3627, Construction Materials: "Brick", "Frame", Levels: One, Living Area: 3627, Occupant Type: Owner, Structure Type: Quadruplex, Total Area: 7254, Unit Count: 1, Unit Types: Array, Built in 1972
Cooling
Cooling: None
Disclosures
Exclusions: n/a
Fence
Fencing: None
Floors
Flooring: Vinyl
Heating
Heating: Baseboard
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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