508 Pearl St - Apartments FOR SALE


Boulder, CO 80302- Downtown Boulder
$3,000,000 USD
303-881-4291
508 Pearl St, Boulder, CO for Sale
$3,000,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

508 Pearl St
Boulder, CO 80302
Downtown Boulder


HIGHLIGHTS

  • Supply Constrained Boulder County Location
  • Affluent Demographics & Elevated Single-Family Home Prices
  • Immediate Access To Major Employment & Lifestyle Amenities
  • Irreplaceable Core Boulder Location
  • Significant Capital Improvements Complete
  • High Barrier To Entry Submarket

OVERVIEW

CBRE is pleased to present 508 Pearl St, a four-unit apartment building in Boulder, Colorado. The property was constructed in 1876 and features four two-bedroom, one-bathroom units with in-unit laundry hookups. Three of the four units have dishwashers, and the building has been completely renovated inside and out. The building is located in one of the most bulletproof rental and housing markets in the entire nation, Boulder, Colorado. The property is within walking distance of downtown Pearl Street and offers tenants immediate access to significant employment and lifestyle amenities.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$924 USD /SF

# OF UNITS

4

PRICE/UNIT

$750,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

508 Pearl

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1876

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,928 SF

ZONING

-

APN/PARCEL ID

1461254-41-005

ASK ABOUT THIS PROPERTY

303-881-4291

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303-881-4291

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