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Listing Source
With courtesy of Tracy Taylor Properties Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
4012 W Eisenhower Boulevard
Loveland, CO 80537
— Larimer
County
Residential$1,300,000Active Listing# 4439581
5000.00 sqft
Lot size: 65340.00 sqft
1.50 acres
1960 build
DYNAMIC INVESTMENT OPPORTUNITY / RENT STABILZED PROPERTY
BUY / HOLD * EXPAND or REDEVELOP
This property offers a rare opportunity to acquire a rent-stabilized, nine-unit multi-family investment property in the thriving city of Loveland, Colorado. Strategically located on I-34 in West Loveland, this property is a high-opportunity commercial destination zone situated in Larimer County’s Growth Management Area.
RENT STABILIZED
Solid rent stabilization, strong cap rate with 100% tenancy for over five years.
CAPITAL IMPROVEMENTS
Property has experienced over $350,000 in capital improvements, upgrades and enhancements all meeting high quality standards.
ZONING
Commercial Destination (CD) zoning offers flexibility for various uses including multi-family, specified commercial, or hospitality development. Contact for specifics.
GROWTH MANAGEMENT ZONE
Located in Larimer County's Growth Management Zone, the property is poised to benefit from Larimer County’s growth plan and incentives for the region.
OPTION for ANNEXATION INCENTIVES
Prime location (borders city limits) for potential annexation into the City of Loveland offering increased property value, potential tax benefits, enhanced municipal services and utilities, and a voice in new development in the area. In this application, annexation can lead to higher property values due to improved services and access to more favorable zoning regulations.
With its prime location, ample land, commercial destination zoning, and opportunities for expansion or redevelopment, this property is well-positioned to generate attractive returns for investors.
Whether seeking stable income, long-term growth, or strategic development opportunities, Tower Ridge Apartments presents a compelling investment proposition in a dynamic and rapidly growing market.
Contact for financials and due diligence info.
Tracy Taylor 303-883-4498
tracy@tracytaylorproperties.com
Listing Details
Property Type
Residential
Listing#
4439581
Source
REcolorado (Denver)
Last Updated
01-09-2025 03:47am
Status
Active
Off Market Date
11-30--0001 12:00am
Property Details
Property Subtype
Multi-Family
Sold Price
$1,300,000
Original Price
$1,300,000
Location
Loveland, CO 80537
SqFT
5000.00
Year Built
1960
Acres
1.50
Map
Property Level and Sizes
SqFt Lot
65340.00
Lot Size
1.50
Financial Details
Previous Year Tax
1537.00
Year Tax
2022
Primary HOA Fees
0.00
Interior Details
Utilities
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected