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Opportunity Zone

199 S Jefferson Ave

Multifamily | 4 Units | $249,750/unit

Listing Contacts

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Active

Asking Price: $999,000
Address 

199 S Jefferson Ave, Loveland, CO 80537

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Date Added
Jan 14, 2025
Days on Market
62 days
Time Since Last Update
17 hours

Details

Property TypeMultifamily
SubtypeApartment Building
Square Footage4,000
Price/Sq Ft$249.75
Cap Rate3.05%
Pro-Forma Cap Rate5.49%
NOI$30,450
Pro-Forma NOI$54,874
Units4
Year Built2003
Buildings1
Price/Unit$249,750

Marketing Description

The 199 S Jefferson Ave Apartments is a fully-occupied 4-unit multifamily property in the heart of Loveland, Colorado, offered at $1,100,000 by MMG.​ Built in 2003, this newer build features all two-bed, one-bath units.​ With 8 off-street parking spaces and close proximity to popular local dining, retail, and major employers, 199 S Jefferson presents an opportunity for investors to acquire a stabilized asset in a central location with solid, ongoing rental demand.​

Investment Highlights

» 199 S Jefferson boasts very large units, all over 1,000 square feet.

» Individually metered units presents less operating expenses and complications with pass through utility billing.

» 2003 construction means fewer immediate maintenance costs and updated building standards.

» Rents are under market presenting an opportunity for investors to boost performance and maximize value.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,450.00
$2,537.50/mo

Valuation Metrics

0
DSCR
3.05%
Cap Rate
3.05%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Listing Contacts

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Broker Information
Broker Name
Adam Riddle
Broker License
CO CO 100024441
Brokerage Name
Capstone Companies
Broker Title
VP & Partner
Brokerage Address
1031 Santa Fe Drive, Denver, United States 80204
Broker Name
Kevin Woolsey
Broker License
CO FA.100079114
Brokerage Name
Capstone Companies
Broker Title
Senior Advisor
Brokerage Address
1031 Santa Fe Drive, Denver, United States 80204
Broker Name
Jason Koch
Broker License
CO CO 100017489
Brokerage Name
MMG
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