715-719 16th St SW — Sale in Loveland, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Loveland, CO 80537

Photos

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Investment Figures

Cap rate
6.77%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 715–719 16th Street SW, a stabilized 24-unit multifamily community located in one of Loveland’s most established residential neighborhoods. The property consists entirely of spacious two-bedroom residences and is complemented by 24 detached garages, creating an amenity package rarely found in similarly sized apartment communities. Ownership has completed significant capital improvements, allowing investors to acquire an asset with immediate in-place cash flow and limited near-term capital expenditure requirements while preserving the opportunity to capture future rental growth. Located just minutes from Highway 34, Downtown Loveland, Centerra, and many of Northern Colorado’s largest employers, 715–719 16th Street SW offers investors the opportunity to acquire a well-maintained, income-producing asset in one of Colorado’s fastest-growing multifamily markets. Located within one of Northern Colorado’s fastest growing rental markets, the Property benefits from Loveland’s expanding population, diverse employment base, and exceptional quality of life. The Fort Collins–Loveland MSA has grown by approximately 18% since 2010, while residents enjoy convenient access to major employers, Boyd Lake State Park, Devil’s Backbone Open Space, Downtown Loveland, and the region’s extensive trail system. Combined with immediate access to US-34 and Interstate 25, the Property is well positioned to capitalize on the continued growth of Colorado’s Northern Front Range. Investment Highlights: • Offered at an attractive 6.77% in-place cap rate, providing immediate, stable income with limited operational risk. • All 24 apartments feature spacious two-bedroom layouts, appealing to families, roommates, and long-term workforce tenants while supporting strong occupancy and tenant retention. • A one-to-one garage ratio provides a highly desirable amenity that differentiates the property from competing apartment communi

Market Context

This multifamily in Loveland, CO is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Loveland, CO — view the full market.

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