1428 S California Ave — 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
6.90%

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 opportunity to acquire 1428 S California Avenue, a 12-unit multifamily community located in Loveland, Colorado. The property offers investors stable in-place cash flow from a well-maintained asset with an attractive one-bedroom unit mix and additional income generated through detached garages. Offering modest operational upside through continued rent growth while requiring limited day-today management, the asset is well positioned for investors seeking dependable current income with long-term appreciation potential. Situated in one of Northern Colorado’s most desirable rental markets, 1428 S California Avenue benefits from convenient access to major employers, retail amenities, and the recreational opportunities that continue to drive demand throughout Loveland. Investment Highlights: • A fully occupied 12-unit apartment community offering dependable day-one income from a proven, well-performing asset. • Existing rents provide investors with the opportunity to increase cash flow over time through natural tenant turnover while benefiting from strong occupancy and limited operational risk. • Twelve detached garages provide an additional revenue stream while offering a highly desirable amenity that supports tenant retention and long-term demand. • The property's well-designed one-bedroom units appeal to a broad renter base seeking quality, attainable housing in one of Northern Colorado's strongest rental markets. • Extensive recent improvements and a well-maintained physical plant position the property as an attractive investment for buyers seeking stable ownership with limited near-term capital needs.

Market Context

This multifamily in Loveland, CO is listed for sale. It is offered at an approximate 6.9% 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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