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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 Market63

Property Features for 1110 West U.S 34

General Information

Standard status Active
Size 15,028 SF
Lot size 19.00 Acres
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 15

Building Details

Year Built 1928
Listing Agency: eXp Realty Colorado Springs
Listed By: Seth Smith · License #040042610
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 4 at 7:15AM

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

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 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 (±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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Kitchen & Bath Showroom Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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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.
More about this property
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