PROPERTY OVERVIEW Lincoln Apartments presents a rare opportunity to acquire a stabilized, mixed-use asset in downtown Loveland, Colorado. The property comprises 27 vintage apartment units and three established retail tenants across 21,004 square feet. Situated on E. 4th Street — Loveland's walkable arts and dining corridor — the building benefits from immediate proximity to the Rialto Theater, Loveland Museum, Benson Sculpture Garden, and a thriving local brewery scene. CAPITAL INVESTMENT The property underwent a comprehensive renovation in 2016, funded in part by a $423,559 City of Loveland grant covering building-wide sprinkler installation. Further, a full electrical overhaul, new heating infrastructure and new roof were installed in 2023. This investment significantly reduces near term capex risk and reflects the city's long-term commitment to the building's role in Loveland's downtown fabric. VALUE-ADD PROFILE The value-add thesis is straightforward and low-risk. The property has been managed by an on-site resident manager without professional infrastructure, resulting in below-market rents, extended vacancy cycles, and above-market maintenance costs that have collectively suppressed NOI well below the asset's true earning potential. With all major capital work completed, a professional owner with modern leasing systems, market-rate pricing, and efficient vendor relationships can meaningfully close the gap between current in-place rents and market with minimal incremental investment.