Multi-Tenant 5 Unit Office Complex with great visibility. Fully leased with consistent rental history. Proforma rate is actual numbers with Unit 5 (SE segment of complex) renewing lease in December at NNN market rates. Originally 7 Units two were converted to one.

Construction Materials Wood/FrameBrick/Brick VeneerWood SidingWall: Wood/Frame Fencing PartialWood Horse YN No Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetCorner LotLevelWithin City Limits Parking Features Paved Parking Per Building Sq Ft 1:200 Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Accessibility Features Level LotLevel DriveNo Stairs Appliances 2 Or More H20 Heaters Basement Crawl Space Building Area Total 4637 Building Features Lawn Sprinkler System Cooling Refrigeration/HvacCeiling Fan(S)Multi Units Cooling YN Yes Flooring Wood Heating YN Yes Interior Features Satellite AvailHigh Speed InternetKitchenetteCeiling: 8 Feet Or LessCeiling: 10-12 Feet Living Area Source Assessor

Association YN No Business Type Incorporated AreaProfessional/OfficeClass "B" Cap Rate 6.74 Ditches Active YN No Electric ElectricMaster Meter-Electric200V ElectricElectricity At PropertyCity Of Lovelan Exclusions Tenants Furnishings And Belongings. Gas Natural GasSeparate Meter GasNatural Gas At PropertyXcel Gross Income 109320 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/RentsDeposits Forfeited Listing Sub Status None Listing Terms CashConventional Locale Loveland Net Operating Income 83939 New Construction YN No Operating Expense 25381 Possible Use CommercialCommercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Lease: Office/Industrial/Retail Sale Includes Building(S)LandLeasesFixtures/Equipment Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 12907 Tax Year 2021 Tenant Pays DepositGasElectricityHvac Maintenance Utilities Natural Gas AvailableElectricity AvailableCable AvailableNatural Gas At PropertyUnderground Utilities Water Source City WaterCity Of Loveland Zoning R3

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Stefanie Erion of Noco Realty, Inc.: 970-679-9900.

© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2022-08-09T11:40:30.573.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

1717 Madison Ave

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1717 Madison Ave Loveland, CO 80538

Property Description

Construction Materials	Wood/Frame Brick/Brick Veneer Wood Siding Wall: Wood/Frame
Fencing	Partial Wood
Horse YN	No
Lot Features	Curbs Gutters Sidewalks Fire Hydrant Within 500 Feet Corner Lot Level Within City Limits
Parking Features	Paved
Parking Per Building Sq Ft	1:200
Road Frontage Type	City Street
Road Surface Type	Paved Asphalt
Roof	Composition
Spa YN	No
Waterfront YN	No

Accessibility Features	Level Lot Level Drive No Stairs
Appliances	2 Or More H20 Heaters
Basement	Crawl Space
Building Area Total	4637
Building Features	Lawn Sprinkler System
Cooling	Refrigeration/Hvac Ceiling Fan(S) Multi Units
Cooling YN	Yes
Flooring	Wood
Heating YN	Yes
Interior Features	Satellite Avail High Speed Internet Kitchenette Ceiling: 8 Feet Or Less Ceiling: 10-12 Feet
Living Area Source	Assessor

Association YN	No
Business Type	Incorporated Area Professional/Office Class "B"
Cap Rate	6.74
Ditches Active YN	No
Electric	Electric Master Meter-Electric 200V Electric Electricity At Property City Of Lovelan
Exclusions	Tenants Furnishings And Belongings.
Gas	Natural Gas Separate Meter Gas Natural Gas At Property Xcel
Gross Income	109320
Has Association Fee	No
Has Association2 Fee	No
Has Improvements	No
Has Water Rights	No
Income Includes	Lease/Rents Deposits Forfeited
Listing Sub Status	None
Listing Terms	Cash Conventional
Locale	Loveland
Net Operating Income	83939
New Construction YN	No
Operating Expense	25381
Possible Use	Commercial Commercial Or Industrial
Property Condition	Not New Previously Owned
Property Sub Type	Lease: Office/Industrial/Retail
Sale Includes	Building(S) Land Leases Fixtures/Equipment
Sewer	City Sewer
Special Listing Conditions	Private Owner
Tax Annual Amount	12907
Tax Year	2021
Tenant Pays	Deposit Gas Electricity Hvac Maintenance
Utilities	Natural Gas Available Electricity Available Cable Available Natural Gas At Property Underground Utilities
Water Source	City Water City Of Loveland
Zoning	R3