1405 Coffman St - Apartments FOR SALE


Longmont, CO 80501
$2,250,000 USD
408-427-4757
1405 Coffman St, Longmont, CO for Sale
$2,250,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1405 Coffman St
Longmont, CO 80501


OVERVIEW

1405 Coffman Street presents a rare opportunity to own unique multi-family space located in central Longmont. The property features 12 two-bedroom, 1.5-bathroom units, each with a spacious patio, dedicated yard area, and storage unit, alongside a shared laundry facility. Located just a block off Main Street in Longmont, 1405 Coffman Street offers investors a well-maintained multifamily asset in one of Boulder County’s most livable and rapidly growing communities. The property benefits from its walkable setting near restaurants and local shops, while convenient access to Boulder and Denver expands its regional appeal. Long-term ownership has taken pride in maintaining the property, resulting in a clean, well-kept asset with stable occupancy. At the same time, current rents are below market, creating a clear opportunity for a new owner to implement strategic upgrades and reposition the units over time. As leases turn, interior improvements can support higher rental rates, offering meaningful upside while maintaining in-place cash flow. Each unit’s private outdoor space and two dedicated parking spots set the property apart from many competing apartment options, providing added value to tenants and supporting long-term demand. Combined with its central location, functional layout, and consistent maintenance history, 1405 Coffman Street offers a compelling blend of stability and value-add potential in a market that continues to see strong growth and investment activity. Longmont, Colorado—a dynamic city in Boulder County—offers over 300 days of sunshine, stunning Rocky Mountain views, abundant open space, and a thriving business and dining community, all within easy reach of Denver, Boulder, and the growing communities of Loveland, Frederick, Firestone, and Dacono.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1205342-39-029

ASK ABOUT THIS PROPERTY

Rachel AustefjordSummit Commercial BrokersMore Info
408-427-4757

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Rachel AustefjordSummit Commercial BrokersMore Info
408-427-4757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.