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34-Unit Renovated Apartment Property

3310-3342 Butternut Drive, Loveland, CO 80538

For Sale
Contact for pricing

Three residential buildings in Loveland feature updated interiors and select building-system improvements.

Property SizeContact for details
Days on Market46

Property Features for 3310-3342 Butternut Drive

General Information

Standard status Active
Property subtype Multifamily

Financials

Asking Price $6,800,000
Average Monthly Rent $1,350

Additional Details

Multifamily Units 34
Tenant in Place Yes

Building Details

Buildings 3
Construction garden-style
Listing Agency: Cushman & Wakefield - Fort Collins, Colorado
Listed By: Brian Mannlein · License CO #40030183
Source: Crexi
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 8 at 4:55PM

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 Cushman & Wakefield - Fort Collins, Colorado

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located on Butternut Drive in Loveland, this 34-unit apartment property comprises three buildings constructed between 1972 and 1978. The units have been renovated with new kitchens, granite countertops, refreshed bathrooms, LVP flooring, LED lighting, and energy-efficient appliances and thermostats.

Additional work includes water heaters and electrical panel upgrades in two buildings, along with new gutters, sealcoating and parking-lot striping, updated address signs, and stained brick exteriors. The property’s improvements span both apartment interiors and selected building components.

Key Highlights

  • 34 apartments across three buildings
  • Buildings constructed between 1972 and 1978
  • Renovated kitchens with granite countertops and updated bathrooms with new tile and fixtures

Property Analytics

Lease Details

34
Residential units

Location Intelligence

Trade Area within ½ mile

1,275
Businesses Nearby

Demographics for 80538, CO

49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Larimer County, CO

$229 Jul
$259 Aug
$245 Sep
$264 Oct

Properties on Market for Apartment buildings in Larimer County

Jul
Aug
Sep
Oct

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 - Three residential buildings in Loveland feature updated interiors and select building-system improvements.
Where is this apartment building located?
The property is located at 3310-3342 Butternut Drive Loveland, CO.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 34 apartments across three buildings; Buildings constructed between 1972 and 1978; Renovated kitchens with granite countertops and updated bathrooms with new tile and fixtures
(970) 267-7739 Call to check price and availability
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