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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8BEDS
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1.85ACRES
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5BATHS
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01/2 BATHS
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35,400SQFT
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$196$/SQFT
School Information
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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