Multifamily
1342 Vivian St
1342 Vivian St, Longmont, CO 80501
Listing Price: $850,000
Investment Overview
Marcus & Millichap is pleased to present 1342 Vivian, a 5-unit property located in Longmont, CO. This well-maintained asset offers investors a rare opportunity to acquire a value-add multifamily community in one of the most desirable submarkets along the Front Range. The property benefits from strong local rental demand, proximity to major employers, and convenient access to vibrant retail, dining, and outdoor amenities. The property offers a clear value-add opportunity through modest interior renovations and average rent increases of $250 per unit, driving NOI growth and cap rate compression. At the proposed 6.6% exit cap rate, the total dollars in added rent post-renovation would create an additional $230k of
equity. With stable in-place income and the potential for future rent growth, 1342 Vivian represents an attractive investment for both seasoned and new multifamily investors seeking a well-positioned, income-producing property in a thriving market.
1342 Vivian St
Investment Highlights
- The property offers a clear value-add opportunity through modest interior renovations and average rent increases of $250 per unit, driving NOI growth and cap rate compression.
- Well-positioned in the blossoming community of Longmont, which provides a large portion of workforce housing to the City of Boulder thus providing strong renter demand.
- At the proposed 6.6% exit cap rate, the total dollars in added rent post-renovation would create an additional $230k of equity.
Exclusively Listed By
Listing Price: $850,000
Investment Highlights
- The property offers a clear value-add opportunity through modest interior renovations and average rent increases of $250 per unit, driving NOI growth and cap rate compression.
- Well-positioned in the blossoming community of Longmont, which provides a large portion of workforce housing to the City of Boulder thus providing strong renter demand.
- At the proposed 6.6% exit cap rate, the total dollars in added rent post-renovation would create an additional $230k of equity.
Investment Overview
Marcus & Millichap is pleased to present 1342 Vivian, a 5-unit property located in Longmont, CO. This well-maintained asset offers investors a rare opportunity to acquire a value-add multifamily community in one of the most desirable submarkets along the Front Range. The property benefits from strong local rental demand, proximity to major employers, and convenient access to vibrant retail, dining, and outdoor amenities. The property offers a clear value-add opportunity through modest interior renovations and average rent increases of $250 per unit, driving NOI growth and cap rate compression. At the proposed 6.6% exit cap rate, the total dollars in added rent post-renovation would create an additional $230k of equity. With stable in-place income and the potential for future rent growth, 1342 Vivian represents an attractive investment for both seasoned and new multifamily investors seeking a well-positioned, income-producing property in a thriving market.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
