The Valley Apartments

Investment Overview

The Valley Apartments is a 13-unit multifamily offering across three buildings and two parcels at 604 - 606 E Eisenhower Blvd in Loveland, Colorado. The property includes a converted office building and a converted motel with a diverse unit mix, creating flexibility for future repositioning or redevelopment. This fully occupied asset presents a value-add opportunity through below-market in-place rents, interior renovations, and operational improvements. Several units feature dated finishes and are well suited for updates to flooring, kitchens, bathrooms, fixtures, and appliances. B - Developing Business zoning supports continued apartment use and offers long-term flexibility for redevelopment or mixed-use repositioning.

Investment Highlights

• Acquisition price-per-unit basis (100k/unit) compares favorably to recent small-multifamily sales across Loveland and the broader Northern Colorado region
• Opportunity to improve management practices, streamline expenses, and optimize utilities, supporting NOI expansion beyond renovation-driven rent increases
• Several units feature dated finishes and are well-suited for a light to moderate renovation scope, including flooring, kitchens, bathrooms, fixtures, and appliances, enabling meaningful rent growth
• Favorable Developing Business (Loveland – B) zoning, permitting multifamily residential uses by right through administrative approval, minimizing entitlement risk and supporting long-term redevelopment potential
• Central Loveland positioning along a primary regional corridor (Highway 34) with strong connectivity to Fort Collins, Greeley, Estes Park, and the broader Northern Colorado employment base, supporting durable renter demand