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Renovated 56-Unit Apartment Portfolio
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3310 Butternut Dr, Loveland, CO 80538

Garden-style apartment communities with unit-by-unit renovations and updated interior finishes.

Property SizeContact for details
Days on Market7

Property Features for 3310 Butternut Dr

General Information

Standard status Active
Class B
Property subtype Multifamily
Investment Type Value Add
Net Operating Income $521,867

Additional Details

Multifamily Units 56

Building Details

Year Built 1969
Year Renovated 2026
Buildings 5
Units 56
Tenancy Multi
Construction garden-style
Listing Agency: Cushman & Wakefield - Fort Collins, Colorado
Listed By: Brian Mannlein · License #CO40030183
Source: Crexi
Added: Aug 5 Changed: Aug 10 Last Checked: Aug 11 at 5:51AM

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

Investment Insights

Based on property information with market context.

This multifamily portfolio includes 56 apartment units distributed across three properties and five buildings. The communities are garden-style designs dating to 1969, with a unit-by-unit renovation program introducing modern materials, finishes, and interior design elements. Final renovation work is underway on the remaining units.

The properties are located in Loveland, Colorado, with the portfolio address at 3310 Butternut Dr, Loveland, CO 80538. In-place rents are being advanced toward stabilized market levels as renovation work concludes, providing an operating transition alongside the physical improvements.

Key Highlights

  • 56‑unit multifamily portfolio across three properties and five buildings
  • Garden‑style apartment communities located in Loveland, Colorado
  • Unit‑by‑unit renovation program with modern materials and finishes

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair Home Appliance 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

56
Residential units

Location Intelligence

Trade Area within ½ mile

1,015
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

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style apartment communities with unit-by-unit renovations and updated interior finishes.
Where is this apartment building located?
The property is located at 3310 Butternut Dr Loveland, CO.
What are key features of this property?
This property features: 56‑unit multifamily portfolio across three properties and five buildings; Garden‑style apartment communities located in Loveland, Colorado; Unit‑by‑unit renovation program with modern materials and finishes
(970) 267-7739 Call to check price and availability
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