Cabin-Style Multifamily Income
1110 W Highway 34 Loveland, CO 80537
For Sale
$3,490,000
MULTI_FAMILY - Loveland, CO
Property Size15,028 SF
Lot Size19.26 Acres
Price / SF$232.23
Days on Market56
Property Features for 1110 W Highway 34
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
O
Bedrooms
16
Bathrooms
16
Rooms
Bedroom 15, Bedroom 13, Bedroom 3, Bathroom 3, Bathroom 12, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 14, Bathroom 1, Bathroom 13, Bathroom 16, Bathroom 6, Bathroom 7, Bathroom 5, Bedroom 8, Bathroom 9, Bedroom 16, Bedroom 2, Bedroom 11, Bedroom 4, Bedroom 5, Bathroom 10, Bedroom 14, Bedroom 10, Bedroom 9, Bedroom 12, Bathroom 4, Bathroom 11, Bathroom 8, Bathroom 15, Bedroom 1
Patio and Porch features
Deck
Appliances
Electric Range, Refrigerator, Washer, Dryer, Microwave, Fire Alarm
Standard status
Active
APN
R0462357
Size
15,028 SF
Lot size
19.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9021
Utilities
Utilities
Propane
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1929
Floors in Building
2
Building materials
Log, Concrete
Roof type
Metal
Listing Agency:
eXp Realty - Estes Park
(970) 586-8300
Listed By:
Seth Smith
(970) 310-9778
Added: Jun 4
Changed: Jul 28
Last Checked: Jul 29 at 10:06AM
MLS# 1060877
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of 15 individual cabin units set across a heavily wooded, private landscape. The offering includes approximately 19.26 acres, with the National Forest as the rear boundary, creating a secluded setting within the rental product.
Located at 1110 W Highway 34 in west Loveland, the property provides accessibility along the Highway 34 corridor, described as a primary gateway between Loveland and Estes Park. The setting also places residents near Rocky Mountain National Park and Estes Park while remaining within reach of Loveland’s employment base and amenities.
The cabins are positioned on a natural backdrop and benefit from the National Forest adjacency, with no competing development noted in the remarks. This configuration supports an established income stream through day-one operations as presented in the listing materials.
Located at 1110 W Highway 34 in west Loveland, the property provides accessibility along the Highway 34 corridor, described as a primary gateway between Loveland and Estes Park. The setting also places residents near Rocky Mountain National Park and Estes Park while remaining within reach of Loveland’s employment base and amenities.
The cabins are positioned on a natural backdrop and benefit from the National Forest adjacency, with no competing development noted in the remarks. This configuration supports an established income stream through day-one operations as presented in the listing materials.
Key Highlights
- 15‑unit cabin property in west Loveland priced at $3,490,000
- Approximately 19 acres with direct National Forest adjacency (National Forest rear boundary)
- Log and concrete construction with a metal roof and forced air heating
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $272.3k | $18.12 |
| − Vacancy | −$12.3k | −$0.82 |
| EGI | $260.1k | $17.30 |
| − OpEx | −$117.0k | −$7.79 |
| NOI | $143.0k | $9.52 |
15,028 SF · lease $18.12/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.04M
$1.79M – $2.38M
NOI $143,029 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.03M
$3.53M – $4.71M
NOI $282,363 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Fifteen cabin units on 19.26 acres with direct National Forest adjacency along Highway 34 in west Loveland.
Where is this apartment building located?
The property is located at 1110 W Highway 34 Loveland, CO.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: 15‑unit cabin property in west Loveland priced at $3,490,000; Approximately 19 acres with direct National Forest adjacency (National Forest rear boundary); Log and concrete construction with a metal roof and forced air heating
