168 S Lincoln Loveland, CO

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168 S Lincoln

Address

168 S Lincoln Ave
Loveland, CO 80537

Summary

  • Units: 21
  • Built: 1935
  • Renovated: 2022

Investment Highlights

  • Strong In-Place Cash Flow with Upside Potential
  • Zoning Unlocks Development Opportunities
  • Recent Capital Improvements Enhance Value
  • Additional Income Drivers
  • Prime Downtown Loveland
  • Access to Key Northern Colorado Markets

 

 Strong In-Place Cash Flow with Upside Potential

168 S Lincoln Ave offers investors immediate income with strong in-place monthly cash flow. With current rents below market, there is clear upside through rental escalations. The property’s well-maintained condition allows for organic upside without requiring major renovations.

Zoning Unlocks Development Opportunities

The property is zoned R3e under the City of Loveland’s land use code, allowing for a wide range of residential development options. Investors have the flexibility to explore duplexes, townhouses, multiplexes, or infill multifamily, making this a unique opportunity to either maintain a cash-flowing asset or reposition for higher density.

Recent Capital Improvements Enhance Value

Significant recent capital expenditures have been completed, reducing near-term maintenance concerns. A brand-new roof was installed in August 2024, and a new sewer line was recently added. Most boilers have been replaced within the past two years. Additionally, 19 of the 21 units have been updated with new flooring, fresh paint, plumbing upgrades, and modernized bathrooms. New windows were also installed within the past year.

Location Map

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.

 

Kevin Woolsey

Kevin Woolsey

Senior Advisor
FA.100079114
303.990.4361 kevin.woolsey@mmgrea.com
Chris Mitton

Chris Mitton

Associate Advisor
IA100081883
303.887.4955 chris.mitton@mmgrea.com