REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Stephanie Watson

stephwats1@hotmail.com +1(970) 373-9077

$ 1,250,000

Est. payment | -/mo

9,660 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

9,660 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,660 sqft

Subdivision Highland Park

MLS Listing ID IRE1053608

HOA Y/N No

Year Built 1949

Annual Tax Amount $8,873

Tax Year 2025

Lot Size 0.550 Acres

Acres 0.55

Property Sub-Type Multi Family

Source ires

Property Description

The Valley Apartments consists of 13 units across Three (3) buildings, centrally located at 604 - 606 E Eisenhower Blvd Loveland, Colorado. The property spans two separate parcels, including a converted office building with Five (5) units comprised of Four (4) 1bed/1bath and One (1) studio unit, and a second parcel featuring Eight (8) units from a converted motel consisting of Five (5) 1bed/1bath units, One (1) studio, One (1) large 2bed/1bath unit, and One (1) #bed/1bath unit. The asset represents a true value-add opportunity driven by below market in place rents, interior renovation potential, and operational inefficiencies. Several units feature dated finishes and offer immediate upside through a light to moderate renovation program including flooring, kitchens, bathrooms, fixtures, and appliances, with market rents in the Loveland submarket supporting meaningful rent growth upon turnover. Additional upside exists through utility expense optimization, improved property management practices, and lease restructuring, while the two-parcel configuration and diverse unit mix provide flexibility for future repositioning or redevelopment.

Location

State CO

County Larimer

Community Highland Park

Area Loveland/Berthoud

Zoning B

Rooms

Basement None

Interior

Heating Forced Air

Fireplaces Type Two or More

Appliance No Units Furnished

Exterior

Utilities Available Electricity Available

View Y/N No

Roof Type Flat

Improvements No

Garage No

Building

Water City

Level or Stories Two

Structure Type Frame

New Construction false

Schools

Elementary Schools Truscott

Middle Schools Riverview Pk-8

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Philip Dankner

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(970) 373-9077

stephwats1@hotmail.com

Learn More About LPT Realty

604 E Eisenhower Loveland, CO 80537