15-Unit Cabin
For Sale
$3,490,000
1110 W Highway 34, Loveland, CO 80537
Residential, Loveland, CO
Property Size15,028 SF
Lot Size19.26 Acres
Price / SF$232.23
Days on Market146
Property Features for 1110 W Highway 34
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
O
Bedrooms
16
Bathrooms
16
Full bathrooms
17
Half bathrooms
1
Rooms
Bathroom 13, Bedroom 13, Bedroom 10, Bedroom 14, Bathroom 12, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 6, Bathroom 6, Bedroom 9, Bathroom 2, Bathroom 9, Bathroom 10, Bathroom 14, Bathroom 7, Bathroom 16, Bedroom 5, Bedroom 15, Bathroom 11, Bedroom 7, Bedroom 3, Bedroom 11, Bathroom 8, Bedroom 16, Bedroom 12, Bedroom 4, Bathroom 4, Bathroom 15, Bathroom 5
Patio and Porch features
Deck
Appliances
Electric Range, Refrigerator, Washer, Dryer, Microwave, Fire Alarm
Lot features
Evergreen Trees, Rolling Lot, Outbuildings
View
Hills, Water
Elementary school
Big Thompson
High school
Thompson Valley
Elementary school district
Thompson R2-J
Middle school district
Thompson R2-J
High school district
Thompson R2-J
Directions
Head west on Highway 34 from Loveland. Property is on the south side of Highway 34 in the Big Thompson Canyon.
Subdivision
Loveland/Berthoud
Standard status
Active
APN
R0462357
Size
15,028 SF
Lot size
19.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9021
Utilities
Utilities
Propane
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
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: Oct 24
Last Checked: Oct 27 at 12:06PM
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.
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Investment Insights
Based on property information with market context.
This multifamily property comprises 15 individual cabin units across 19.26 acres. The buildings include log construction, forced-air heating, metal roofing, and decks. The property was built in 1929 and measures 15,028 square feet in total. Public water and sewer serve the site, with propane also listed among the utilities.
The property is located at 1110 W Highway 34 in Loveland, along the Highway 34 corridor. Its rear boundary adjoins National Forest land, and the site is described as heavily wooded. The corridor connects Loveland and Estes Park; Rocky Mountain National Park and the surrounding high country are also identified in the property information.
The property is located at 1110 W Highway 34 in Loveland, along the Highway 34 corridor. Its rear boundary adjoins National Forest land, and the site is described as heavily wooded. The corridor connects Loveland and Estes Park; Rocky Mountain National Park and the surrounding high country are also identified in the property information.
Key Highlights
- 15 individual cabin units
- 19.26‑acre wooded property
- 15,028 square feet of building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,029
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,860,580
$2.9M
Cap Rate 7%
$2,043,271
$2.0M
Cap Rate 9%
$1,589,211
$1.6M
Market Conditions
NOI Build-Up for 15,028 SF
Gross rent
$272.3K $18.12/SF
− Vacancy
−$12.3K −$0.82/SF
EGI
$260.1K $17.30/SF
− OpEx
−$117.0K −$7.79/SF
NOI
$143.0K $9.52/SF
Area
Larimer County, CO
Vacancy
4.50%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,860,580
Cap Rate 7%
$2,043,271
Cap Rate 9%
$1,589,211
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.
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Lease Details
15
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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Business Placement
Demographics for 80537, CO
43,603
Population
20,314
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
122.4 sq mi
ZIP Area
356
Density / Sq Mi
$83,746
Median Household Income
$44,448
Median Earnings
$1,630
Median Rent
$460,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - A wooded, multi-cabin rental property with public water and sewer service and propane utilities.
Where is this multifamily property 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 individual cabin units; 19.26‑acre wooded property; 15,028 square feet of building area
