248 East 4th Street

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248 East 4th Street

Loveland, CO 80537
Asking Price
$4.70M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

For Sale | Rare Value-Add Loveland Mixed Used Asset | OM Available <p>PRIME DOWNTOWN LOVELAND LOCATION</p><p>Situated on E. 4th Street in the heart of Loveland's walkable arts and dining corridor, the property sits steps from the Rialto Theater, Loveland Museum, Benson Sculpture Garden, and a thriving brewery scene β€” one of the most coveted addresses in the downtown submarket and a natural draw for quality, long-term tenants.</p><p>SIGNIFICANTLY DE-RISKED CAPITAL PROFILE</p><p>The property underwent a comprehensive renovation in 2016, funded in part by a $423,5

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NOI
$80,000
Cap Rate
1.70%
DSCR
0.29
Underwater
Cash-on-Cash
-14.12%
Monthly Payment
$23,253.036
Annual Cash Flow
$-199,036.427

Location & Travel Times