Listed by Market Real Estate
$1,625,000
Multi-Unit Investment Property Downtown Boulder
Details
Property Type Multifamily
Sub Type Student Housing
Units 5
Cap Rate 5.49%
Class B
Lot Size (SqFt) 6,194
Multifamily | Multi-Unit
Marketing description
Spruce up your multi-family portfolio with this outstanding 5-unit investment opportunity, ideally situated in the heart of Downtown Boulder, CO. Located just a block from the bustling Pearl Street Mall, 1034 Spruce Street is perfectly positioned to capitalize on its prime downtown location. Already fully pre-leased for the '26-’27 school year, this property is ripe for upgrades and promises significant growth potential.
Investment highlights
• 5 Units: 2 - Dwelling Units, 2 - Two Bed Units, 1 - 3 Bed Unit
• Base Rents $135,660 (2026-2027 School Year)
• 10 onsite parking spaces ($450/month included above)
• 1 Block from the Pearl Street Mall
• Value-add opportunity with the best location, seriously.
Listing Contacts
Listed by Market Real Estate
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