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1044 Maxwell Ave 5 Unit Apartment Building $1,750,000 ($350,000/Unit) 5.13% Cap Rate Boulder, CO 80304
Investment Highlights
- Fully leased investment property on Mapleton Hill
- Peaceful setting on a large parcel with mature landscaping and a farmers' ditch
- RMX-1 Zoning
- Walking distance to Pearl Street and Ideal Market
Executive Summary
Some investments chase trends. Others sit quietly in one of Boulder’s most established neighborhoods and keep performing year after year. This property is a fully leased five-unit property tucked into Mapleton Hill, just a short walk from Pearl Street’s restaurants, shops, and daily buzz. With mature landscaping, a peaceful backyard setting, and strong rental demand driven by Boulder’s world-class lifestyle and university presence, this is the kind of asset investors hold onto for a reason.
Property Facts
| Price | $1,750,000 | Property Subtype | Apartment |
| Price Per Unit | $350,000 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 0.27 AC |
| Cap Rate | 5.13% | Building Size | 2,308 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1897 |
| Zoning | RMX-1 - RMX-1 | ||
| Price | $1,750,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.13% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 2,308 SF |
| No. Stories | 2 |
| Year Built | 1897 |
| Zoning | RMX-1 - RMX-1 |
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Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1461254-17-006 | Improvements Assessment | $1,856 |
| Land Assessment | $98,240 | Total Assessment | $100,096 |
Property Taxes
Parcel Number
1461254-17-006
Land Assessment
$98,240
Improvements Assessment
$1,856
Total Assessment
$100,096
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