168 Lincoln AveLoveland, CO 80537

For Sale
$2,550,000

21-Unit Apartment Complex, High Cash Flow

Overview

Added:
Feb 3
Days on market:
37
This exceptional 21-unit multifamily property, located at 168 S Lincoln Ave in the heart of Loveland, Colorado, presents a compelling investment opportunity. Spanning 8,270 square feet on a 1.01-acre lot, this well-maintained community offers strong, in-place cash flow and significant upside potential. Built in 1935, the property has undergone substantial recent improvements, including brand new roofs, a completely replaced sewer line, and the installation of high-efficiency boilers. Each unit features high-quality upgrades, enhancing tenant appeal and maximizing rental income. The property's R3e zoning designation unlocks a diverse range of development possibilities, including townhouses, multiplexes, duplexes, and infill multifamily projects, allowing for future expansion or redevelopment to capitalize on the thriving Loveland market. Its prime location places it within easy walking distance of the recently completed Foundry mixed-use development, a vibrant hub featuring a 155-unit apartment complex, retail spaces, and dining establishments. Loveland itself offers residents a dynamic community atmosphere and convenient access to Colorado's stunning natural landscapes. This property is priced at $2,550,000 and represents a rare chance to acquire a cash-flowing asset with substantial growth potential in a desirable location.

Property Details for 168 Lincoln Ave

Property type
Residential income properties, Multifamily properties
Square Feet
8,270 SF
Year Built
1935
Lot Size (sq. ft)
43,996 SF

Location Insight

City
Loveland
County
Boulder
State
Colorado
Latitude
40.39139
Longitude
-105.073
168 Lincoln Ave, Loveland, Colorado

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168 Lincoln Ave
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