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4012 W Eisenhower Boulevard

Loveland, CO 80537
  • $1,875,000
  • STATUS: Active
  • ON SITE: 303 Days
  • MLS #: 6920725
UPDATED: 111 min ago
$1,875,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $375
    $/SQFT
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

REcolorado logo Offered by Tracy Taylor Properties.

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

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than DreamSmith Team | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.thedreamsmithteam.com/homes/141871119
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4012 W Eisenhower Boulevard Loveland, CO 80537

  • Price: $1,875,000
  • Status: Active
  • On Site: 303 Days
  • Updated: 111 min ago
  • MLS #: 6920725
0
Beds
0
Baths
0
½ Baths
1.5
Acres
5,000
SQFT
$375
$/SQFT
1960
Built
County:
Larimer
Area:
Loveland
Property 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
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport Spaces 0 Construction Materials FrameVinyl Siding Lot Features FoothillsLandscaped Lot Size Area 65340 Offstreet Spaces 14 Parking Features AsphaltCircular DrivewayGuest Parking Total 14 Road Frontage Type PublicYear Round Road Surface Type Paved Roof Architecural Shingle Rv Spaces 0 Structure Type Low Rise (1-3)

Property Features

Actual Annual Net Income 85000.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Building Features Wi-Fi Comparable Listing YN No Electric 110V220 Volts Green Verification Count 0 Gross Income 115000 Lease Considered YN No Listing Terms CashConventional Number Of Units Vacant 0 Operating Expense 17000 Operating Expense Includes InsuranceMaintenanceProfessional ManagementReal Estate TaxUtilities Owner Pays ElectricityGasTaxesTrash CollectionWater Property Sub Type Multi-Family Road Responsibility Public Maintained Road Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Septic Tank Special Listing Conditions None Tax Annual Amount 1537 Tax Legal Description PAR IN NW 1/4 16-5-69 BEG AT NW CORE 218 FTS 203 FTW 218 FTN 203 FT TPOB; ALSO PAR IN NW 1/4 16-5-69 BEG AT PT 218 FT E OF NW CORS 203 FT TPOBS 97 FTW 218 FTN 97 FTE 218 FT TPOB Tax Year 2022 Tenant Pays Cable TVInternetTelephone Utilities Cable AvailableElectricity ConnectedInternet Access (Wired)Natural Gas AvailableNatural Gas ConnectedPhone AvailablePhone Connected Water Included YN Yes Water Source Public Zoning Commercial

REcolorado logo Listing courtesy of Tracy Taylor Properties:tracy@tracytaylorproperties.com. MLS #6920725


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than DreamSmith Team | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by Tracy Taylor Properties.