1143 East 5th Street

Loveland, CO 80537

  • 22 beds
  • baths
  • 9,075 sq ft
  • 0.63 acres lot

$879,000

$879,000

  • Sold
  • MLS 4280695

PROPERTY DESCRIPTION

1143 East 5th Street is just minutes from Centerra, Lovelands premier shopping, dining, and entertainment development in addition to the Medical Center of the Rockies which is a 166-private bed facility adjacent to 150,000 SF of medical office space. The property offers an incredibly attractive unit mix consisting of all two-bedroom/one-bath units averaging +/- 825 square feet. Units feature an open floor plan with fully-appointed kitchens including dishwashers and garbage disposals. All units are individually metered for electricity. Based on the current rents in place, 1143 East 5th Street offers investor one of the highest returns on the market today. Based on the current rent roll and trailing 12 month expenses, the cap rate at list is 7.10% with upward trending income.

PRESENTED BY

JUSTIN HUNT with APARTMENT REALTY ADVISORS

Essential Information

  • MLS
    4280695
  • Structural Style
    N/A
  • Square Feet
    9,075 sq. ft.
  • BedsTotal
    22
  • Property Type
    Income
  • Architectural Style
    N/A
  • List Price
    $879,000
  • BathsFull
    N/A
  • Property SubType
    Income
  • Year Built
    1985
  • Status
    Sold
  • BathsHalf
    N/A

Interior Details

  • Basement Type
    N/A
  • Basement Floor Type
    N/A
  • Interior Features
    N/A
  • Basement Size
    None
  • Basement Square Foot
    N/A
  • Flooring
    Carpet,Laminate

Exterior Details

  • Construction
    Frame
  • Materials
    Wood Siding
  • Roof
    Composition Shingles

Amenities

  • Cooling
    None
  • Fireplaces
    N/A
  • Fireplace Features
    N/A
  • Exterior Features
    N/A
  • Fencing
    N/A
  • Sewer
    N/A
  • Heating
    Baseboard
  • Fireplace Locations
    N/A
  • Kitchen Appliances
    N/A
  • View
    N/A
  • Parking Count
    N/A

Finance

  • Tax Amount
    $4,016
  • Association Fee Annual
    N/A
  • Tax Year
    2013
  • Fee Frequency
    N/A

School Information

  • School District
    Thompson R2-J
  • Elementary
    N/A
  • Middle / Junior
    N/A
  • HighSchool
    N/A

Community Information

  • City
    Loveland
  • County
    Larimer
  • Association Fee Includes
    N/A
  • Neighborhood
    Loveland
  • State
    CO

Sold History

  • MLS Number: 4280695
    Closed on September 18 2014 for $879,000

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This content last updated on 09/14/2016 12:20AM. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.