5185 Santa Clara Pl - Apartments FOR SALE


Boulder, CO 80303- Keewayden
$1,400,000 USD
650-422-1035
5185 Santa Clara Pl, Boulder, CO for Sale
$1,400,000 USD
Apartments - FOR SALE
1/31
null | 3.85% Cap Rate

5185 Santa Clara Pl
Boulder, CO 80303
Keewayden


HIGHLIGHTS

  • Stacked quadplex on a large lot
  • Plenty of rear parking for residents
  • Quiet residential neighborhood
  • Rare small unit count opportunity

OVERVIEW

5185 Santa Clara Place is a four-unit multifamily property in Boulder’s established Keewaydin neighborhood — a rare opportunity to own in one of Colorado’s most tightly held and institutionally dominated rental markets at an accessible basis. Where most Boulder multifamily trades at scale and out of reach for private capital, 5185 offers direct ownership with a clear value-add path through continued unit renovations. With immediate access to Foothills Parkway and Baseline Road, the property serves a deep, self-renewing tenant pool of University of Colorado students and young professionals. As new ground-up development pushes rents higher across Boulder, well-maintained existing product like 5185 stands to capture that lift at a fraction of the basis. Boulder has proven one of the most durable real estate markets in the country, with resilient rental performance and sustained appreciation through multiple cycles.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$435 USD /SF

# OF UNITS

4

PRICE/UNIT

$350,000

CAP RATE

3.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,017 SF

ZONING

-

APN/PARCEL ID

1577041-13-001

ASK ABOUT THIS PROPERTY

Louis PassarelloKaufman HaganMore Info
650-422-1035

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Louis PassarelloKaufman HaganMore Info
650-422-1035

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