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604 E Eisenhower Blvd, Loveland, CO 80537

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Listed byUnique Properties
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Lot size (acres)
0.55
Year built
1949

Utilities

Heating
Forced Air
Water
Public Water

Taxes

Tax Annual Amount (2025)
$8,873

Public schools

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Sourced from: IRES MLS MLS®#: 1053608 Last checked:

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