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102 Juniper Pl

Loveland, CO 80538
  • $6,950,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 1018778
UPDATED: 68 min ago
$6,950,000
  • 8
    BEDS
  • 1.85
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 35,400
    SQFT
  • $196
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Value-add multifamily investment opportunity. Cushman & Wakefield is pleased to exclusively present the opportunity to acquire the Juniper45 Apartments in Loveland, Colorado, a 36-unit multifamily portfolio of 9 fourplex properties with value-add upside. The offering is comprised of 20 two bed, one bath apartments and 16 three bed, two bath apartments. Many replacements have been made in the last couple of years, including flooring, appliances, exterior paint, roofs, etc. The property is optimally located on the north end of Loveland and adjacent to HWY 285 offering efficient access to Loveland, Fort Collins and all of the communities in the eastern portion of northern Colorado. All the while, residents can enjoy easy access to local parks and the mountains to the west. Juniper45 offers investors an opportunity to simply improve on operations by increasing the below market rents on the stabilized tenancy or update the units and capitalize on the higher rents being attained by similar properties that have performed material and fixture updating. With 9 separate parcels, an owner can take advantage of many options for their exit strategy. Take advantage of owning this flexible rental portfolio in the historically tight and secure housing market of northern Colorado. Addresses included are 102,114,126,138 & 138 Juniper Place and 103,127 & 139 W 45th St Loveland.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-06T18:40:47.597.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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102 Juniper Pl Loveland, CO 80538

  • Price: $6,950,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 68 min ago
  • MLS #: 1018778
8
Beds
5
Baths
0
½ Baths
1.85
Acres
35,400
SQFT
$196
$/SQFT
1980
Built
Neighborhood:
Ridgeview 6th Add
County:
Larimer
Area:
08 Loveland/Berthoud area
Elementary School:
Edmondson
Middle School:
Erwin, Lucile
High School:
Loveland
School District:
Thompson R2-J
Property Description
Value-add multifamily investment opportunity. Cushman & Wakefield is pleased to exclusively present the opportunity to acquire the Juniper45 Apartments in Loveland, Colorado, a 36-unit multifamily portfolio of 9 fourplex properties with value-add upside. The offering is comprised of 20 two bed, one bath apartments and 16 three bed, two bath apartments. Many replacements have been made in the last couple of years, including flooring, appliances, exterior paint, roofs, etc. The property is optimally located on the north end of Loveland and adjacent to HWY 285 offering efficient access to Loveland, Fort Collins and all of the communities in the eastern portion of northern Colorado. All the while, residents can enjoy easy access to local parks and the mountains to the west. Juniper45 offers investors an opportunity to simply improve on operations by increasing the below market rents on the stabilized tenancy or update the units and capitalize on the higher rents being attained by similar properties that have performed material and fixture updating. With 9 separate parcels, an owner can take advantage of many options for their exit strategy. Take advantage of owning this flexible rental portfolio in the historically tight and secure housing market of northern Colorado. Addresses included are 102,114,126,138 & 138 Juniper Place and 103,127 & 139 W 45th St Loveland.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Exterior Features Balcony Horse YN No Levels Bi-Level Property Attached YN Yes Road Surface Type Paved Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigerator Basement None Heating Forced AirBaseboard Heating YN Yes Living Area Source Other Unit1 Bedrooms 2 Unit1 Est Sq Ft 960 Unit1 Total Baths 1 Unit2 Bedrooms 3 Unit2 Est Sq Ft 960 Unit2 Total Baths 2 Unit3 Bedrooms 3 Unit3 Est Sq Ft 1040 Unit3 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.89 Community Features Extra Storage Ditches Active YN No Electric ElectricLoveland Gas Natural GasXcel Energy Gross Income 621666.5 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Loveland Net Operating Income 409157.5 New Construction YN No Operating Expense 212509 Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 33484 Tax Year 2023 Tenant Pays DepositGasElectricityTrash Collection Unit1 Rent 1277 Unit2 Rent 1487 Unit3 Rent 1487 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Loveland Zoning Multi

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Brian Mannlein of Cushman Wakefield: 3032923700.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-06T18:40:47.597.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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