About 208 S Jefferson Ave
Marcus & Millichap is pleased to present the opportunity to acquire 208 S. Jefferson Avenue, a six-unit multifamily community located in the heart of Loveland, Colorado. Comprised entirely of efficiently designed one-bedroom apartments, the property offers investors a highly desirable unit mix that appeals to the city's large renter population of young professionals, singles, and downsizing residents. Offered at an attractive in-place 7.19% capitalization rate, the asset provides strong day-one cash flow while allowing new ownership to benefit from stable occupancy and dependable income. Positioned just minutes from Downtown Loveland, major employers, retail amenities, and the Highway 34 and I-25 corridors, 208 S. Jefferson Avenue represents an opportunity to acquire a well-located, income-producing asset in one of Northern Colorado's strongest and most supply-constrained rental markets.
Features of 208 S Jefferson Ave
| MLS® # | 7182793 |
|---|---|
| Price | $900,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Square Footage | 7,254 |
| Acres | 0.23 |
| Year Built | 1972 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 208 S Jefferson Ave |
|---|---|
| Area | Loveland |
| Subdivision | Ballard Place |
| City | Loveland |
| County | Larimer |
| State | CO |
| Zip Code | 80537 |
Amenities
| Utilities | Natural Gas Available, Electricity Available |
|---|---|
| Parking Spaces | 6 |
| Parking | Off Street |
| # of Garages | 6 |
| Garages | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Walk-In Closet(s) |
|---|---|
| Heating | Baseboard |
| Fireplace | No |
| Stories | One |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Composition |
| Construction | Frame, Brick |
School Information
| District | Thompson R2-J |
|---|---|
| Elementary | Winona |
| Middle | Bill Reed |
| High | Mountain View |
Additional Information
| Days on Market | 1 |
|---|---|
| Zoning | R3E |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Charles Burkhart |
|---|---|
| Office | Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. |