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168 Lincoln Ave Loveland, CO 80537

For Sale
$2,550,000

21-Unit Apartment Complex, High Cash Flow

Property size:
8,270 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional 21-unit multifamily property, located at 168 S Lincoln Ave in the heart of Loveland, Colorado, presents a compelling investment opportunity. Spanning 8,270 square feet on a 1.01-acre lot, this well-maintained community offers strong, in-place cash flow and significant upside potential. Built in 1935, the property has undergone substantial recent improvements, including brand new roofs, a completely replaced sewer line, and the installation of high-efficiency boilers. Each unit features high-quality upgrades, enhancing tenant appeal and maximizing rental income. The property's R3e zoning designation unlocks a diverse range of development possibilities, including townhouses, multiplexes, duplexes, and infill multifamily projects, allowing for future expansion or redevelopment to capitalize on the thriving Loveland market. Its prime location places it within easy walking distance of the recently completed Foundry mixed-use development, a vibrant hub featuring a 155-unit apartment complex, retail spaces, and dining establishments. Loveland itself offers residents a dynamic community atmosphere and convenient access to Colorado's stunning natural landscapes. This property is priced at $2,550,000 and represents a rare chance to acquire a cash-flowing asset with substantial growth potential in a desirable location.

Property Features for 168 Lincoln Ave

General Information

Property type
Residential income properties
Square Feet
8,270 SF
Lot Size
43,996 SF

Building Details

Year Built
1935

Property Profile Insight Report Location Intelligence

Current Use by Public Records

West Vu Villa ... Corporate Office

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Loveland
County
Boulder
State
Colorado
Longitude
-105.073
Latitude
40.39139

FAQs

What type of property is this?
Residential income property - 21-Unit Apartment Complex, High Cash Flow
Where is this residential income property located?
The property is located at 168 Lincoln Ave Loveland, CO.
What is the asking price?
The asking price for this property is $2,550,000.
More about this property
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