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3135 Arnett St 4 Unit Apartment Building $1,250,000 ($312,500/Unit) 6.83% Cap Rate Boulder, CO 80304



Investment Highlights
- 4-Plex in Central Boulder just off Folsom
- Low rents from $1850-1950 per unit
- Mature landscaping in a quiet neighborhood
- Value Add Opportunity
- Large 2 bed-1bath floor plans
Executive Summary
4PLEX 4YOU 4 - Some deals whisper. This one yells. At $1,900 a unit in Boulder, the rents are doing their best impression of a 2014 throwback, which is exactly why this Central Boulder 4-plex is a value-add story waiting to be written. It features four large 2-bed, 1-bath units, mature landscaping, and a quiet, tree-lined street where tenants actually stay. The bones are good, the location is stellar, and the upside is sitting right there in plain sight. Bring a calculator, or better yet just bring an offer.
Property Facts
| Price | $1,250,000 | Property Subtype | Apartment |
| Price Per Unit | $312,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 6.83% | Building Size | 4,122 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Zoning | MUH | ||
| Price | $1,250,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| Cap Rate | 6.83% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,122 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Zoning | MUH |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1463203-07-005 | Improvements Assessment | $42,908 |
| Land Assessment | $56,576 | Total Assessment | $99,484 |
Property Taxes
Parcel Number
1463203-07-005
Land Assessment
$56,576
Improvements Assessment
$42,908
Total Assessment
$99,484
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