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Maxwell & Madison Boulder Portfolio 1 Multifamily Properties Offered at $7,800,000 in Boulder, CO
Investment Highlights
- 1020 Maxwell Ave - Maxwell Lofts (9 Units/18 beds) • All large 2 bed / 1 bath units
- • Trophy asset with strong curb appeal; Central A/C, garage + off-street parking
- • Ideal student housing layout and location - Currently averaging ~$2,000 in rent
- • Currently averaging ~$2,185 in rent paid to owner on a master lease structure. Can be terminated (proven market support at ~$3,300–$3,400)
- 3200 Madison Ave (6 Units/12 beds) • All 2 bed / 1 bath units
- • Madison Street comps at ~$2,350–$2,450 (~30%+ rental upside without capex needed)
Executive Summary
FLEXIBLE PORTFOLIO SALE: CAN BE PURCHASED SEPARATELY OR TOGETHER
The Maxwell Lofts is a trophy 9-unit multifamily asset located in the heart of Downtown Boulder, Colorado. Positioned in one of Boulder’s most desirable and supply-constrained residential neighborhoods, this property offers investors a rare opportunity to acquire a high-quality asset with substantial operational upside in a premier location.
3200 Madison Avenue is a well-located 6-unit multifamily asset in Boulder, Colorado, positioned in close proximity to the University district and core student housing demand drivers. Comprised entirely of 2-bedroom / 1-bathroom units, the property is ideally configured for roommate-style living, making it a highly functional and historically resilient student-oriented rental asset.
The Maxwell Lofts is a trophy 9-unit multifamily asset located in the heart of Downtown Boulder, Colorado. Positioned in one of Boulder’s most desirable and supply-constrained residential neighborhoods, this property offers investors a rare opportunity to acquire a high-quality asset with substantial operational upside in a premier location.
3200 Madison Avenue is a well-located 6-unit multifamily asset in Boulder, Colorado, positioned in close proximity to the University district and core student housing demand drivers. Comprised entirely of 2-bedroom / 1-bathroom units, the property is ideally configured for roommate-style living, making it a highly functional and historically resilient student-oriented rental asset.
Taxes & Operating Expenses (Pro Forma - 2027) |
Annual |
|---|---|
| Gross Rental Income |
$529,200
|
| Other Income |
$22,050
|
| Vacancy Loss |
$18,383
|
| Effective Gross Income |
$532,867
|
| Taxes |
$35,126
|
| Operating Expenses |
$77,616
|
| Total Expenses |
$112,742
|
| Net Operating Income |
$420,125
|
Taxes & Operating Expenses (Pro Forma - 2027)
| Gross Rental Income | |
|---|---|
| Annual | $529,200 |
| Other Income | |
|---|---|
| Annual | $22,050 |
| Vacancy Loss | |
|---|---|
| Annual | $18,383 |
| Effective Gross Income | |
|---|---|
| Annual | $532,867 |
| Taxes | |
|---|---|
| Annual | $35,126 |
| Operating Expenses | |
|---|---|
| Annual | $77,616 |
| Total Expenses | |
|---|---|
| Annual | $112,742 |
| Net Operating Income | |
|---|---|
| Annual | $420,125 |
Property Facts
| Price | $7,800,000 | Number of Properties | 2 |
| Price / SF | $1,079 / SF | Individually For Sale | 0 |
| Cap Rate | 5.39% | Total Building Size | 7,227 SF |
| Sale Type | Investment | Total Land Area | 0.34 AC |
| Status | Active |
| Price | $7,800,000 |
| Price / SF | $1,079 / SF |
| Cap Rate | 5.39% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,227 SF |
| Total Land Area | 0.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1020 Maxwell Ave, Boulder, CO 80304 | Multifamily | 7,227 SF | 1963 | - |
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Contacts
-
Luke Salazar -
Jim Knowlton -
Chris Knowlton -
Adam Rakoczy -
Jennifer King -
Pinnacle Real Estate Advisors
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