715 16th ST #719, Loveland, CO 80537
715 16th ST #719, Loveland, CO 80537
715 16th ST #719, Loveland, CO 80537
715 16th ST #719, Loveland, CO 80537
715 16th ST #719, Loveland, CO 80537
715 16th ST #719, Loveland, CO 80537
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$ 3,840,000
Est. payment | /mo

48 Beds

24 Baths

17,880 SqFt


Save
$ 3,840,000
Est. payment | /mo
Save

48 Beds

24 Baths

17,880 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 17,880 sqft

Price per Sqft $214

Subdivision 2131 - Loma Vista

MLS Listing ID 5383004

Bedrooms 48

HOA Y/N No

Abv Grd Liv Area 17,880

Year Built 1970

Annual Tax Amount $22,449

Tax Year 2025

Property Sub-Type Quadruplex

Source recolorado

Property 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. TheFort 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.

Location

State CO

County Larimer

Zoning R3

Interior

Heating Baseboard

Cooling None

Fireplace N

Exterior

Roof Type Composition

Total Parking Spaces 28

Garage No

Building

Lot Description Level

Sewer Public Sewer

Level or Stories Multi/Split

Structure Type Concrete

Schools

Elementary Schools B.F. Kitchen

Middle Schools Bill Reed

High Schools Thompson Valley

School District Thompson R2-J

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

NEARBY LOCATIONS

Sarah Thomsen
Sarah Thomsen

Agent | License ID: FA.100088335

+1(719) 304-4667 | sarah@modusrealestate.com

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715 16th ST #719