The City of LOVE! Loveland is situated along the foothills of Northern Colorado and home to around 78,000 Coloradans. Denver, CO is just a quick 45-minute drive to the south and the Rocky Mountains are just minutes to the west. Loveland has a very diverse job market, which is predominantly led by Health Care.
Loveland is the place to be if you seek great entertainment & outdoor experiences. The retail industry is anchored by The Promenade Shops at Centerra, located at the I-25 & Hwy 34 interchange which has become the epicenter of Northern Colorado. The Promenade Shops boast over 70 well-known retailers, restaurants, and boutique stores. Loveland also includes several large lakes (Lake Loveland, Boyd Lake, Horseshoe Lake) and all allow for boating and other water sports.
Loveland has a very large population of renters. In 2017, the City reported 36.9% of all Loveland residents were renters, up nearly 8.5% from the year 2000. Multi-family development continues to soar with over 57% of all Loveland building permits being attributed to multi-family development. A sign that investors are bullish on the Loveland rental market.
You should invest in Loveland for moderate cash flow paired with excellent price appreciation. Home values have increased, on average, 9% over the last five years.