Loveland Multifamily Development
For Sale
$700,000
1336 N Washington Ave, Loveland, CO 80537
Approved plans for 10-unit multifamily development or other uses.
Property Size6,504 SF
Price / SF$107.63
Days on Market321
Property Features for 1336 N Washington Ave
General Information
Standard status
Active
Size
6,504 SF
Building Details
Year Built
1962
Listing Agency:
eXp Realty - Hub
Listed By:
Patrick Rowe
(303) 931-4774
Source:
Thestrohmangroup
Added: Nov 28, 2025
Changed: Oct 4
Last Checked: Oct 7 at 3:39PM
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 - Hub
Investment Insights
Based on property information with market context.
This property presents an opportunity for multifamily development with approved plans for a 10-unit building. The flexible zoning district also allows for various other uses, including behavioral health, professional, medical, office, and childcare facilities. The building is currently in gray shell condition, offering a blank canvas for development.
Key Highlights
- Approved plans for 10‑unit multifamily development.
- Flexible zoning allows for various uses such as behavioral health, professional, medical, office, and child care.
- Opportunity to pursue a custom vision for the property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,902
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,040
$1.2M
Cap Rate 7%
$884,314
$884.3K
Cap Rate 9%
$687,800
$687.8K
Market Conditions
NOI Build-Up for 6,504 SF
Gross rent
$117.9K $18.12/SF
− Vacancy
−$5.3K −$0.82/SF
EGI
$112.5K $17.30/SF
− OpEx
−$50.6K −$7.79/SF
NOI
$61.9K $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%
$1,238,040
Cap Rate 7%
$884,314
Cap Rate 9%
$687,800
Alternative Uses
Best Use
Apartment 5plus
$884.3K
$773.8K – $1.03M
NOI $61,902 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,204 @ 7.0% cap · market cap 17.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,182
Businesses Nearby
Explore this area
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Approved plans for 10-unit multifamily development or other uses.
Where is this apartment building located?
The property is located at 1336 N Washington Ave Loveland, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approved plans for 10‑unit multifamily development.; Flexible zoning allows for various uses such as behavioral health, professional, medical, office, and child care.; Opportunity to pursue a custom vision for the property.
