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Cabin Rental Property with Forest Backing
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1110 West U.S 34, Loveland, CO 80537

15-cabin income property set on a heavily wooded site with National Forest adjacency along a major corridor in Loveland.

Property Size15,028 SF
Lot Size19.00 Acres
Price / SF$232.23
Days on Market154

Property Features for 1110 West U.S 34

General Information

Standard status Active
Size 15,028 SF
Class C
Lot size 19.00 Acres
Property subtype Multifamily
Zoning Open

Additional Details

Business Included Yes
Multifamily Units 15

Building Details

Year Built 1928
Buildings 14
Units 2
Listing Agency: eXp Realty Colorado Springs
Listed By: Seth Smith · License #040042610
Source: Crexi
Added: Jun 4 Changed: Oct 25 Last Checked: Nov 3 at 5:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty Colorado Springs

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Investment Insights

Based on property information with market context.

This established income property features 15 individual cabin units arranged across a heavily wooded, private landscape. The setting is defined by direct National Forest adjacency, with the National Forest serving as the rear boundary of the property. As described in the offering materials, the property is generating consistent monthly income.

Located on W. U.S. 34 in west Loveland, the cabins benefit from straightforward accessibility while maintaining a mountain character. The listing notes the property’s proximity to Rocky Mountain National Park and Estes Park, along with access to Loveland’s employment base and amenities.

For buyers seeking a differentiated multi-unit rental product, the combination of 15 established cabin units, a secluded wooded environment, and National Forest backing may appeal to tenants looking for a nature-oriented setting. The highway corridor positioning and nearby regional draw points can support year-round occupancy based on the property’s stated performance in the listing.

Key Highlights

  • 15‑cabin income property built in 1928 along W. Highway 34 in west Loveland.
  • Approximately 19 acres with direct National Forest adjacency and National Forest as the rear boundary.
  • 15 individual cabin units set across a heavily wooded, private landscape.

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 (±1% cap)
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 (±1% cap)
NOI $282,363 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

15
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - 15-cabin income property set on a heavily wooded site with National Forest adjacency along a major corridor in Loveland.
Where is this apartment building located?
The property is located at 1110 West U.S 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‑cabin income property built in 1928 along W. Highway 34 in west Loveland.; Approximately 19 acres with direct National Forest adjacency and National Forest as the rear boundary.; 15 individual cabin units set across a heavily wooded, private landscape.
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