The Walnut Collective 2 Multifamily Properties in Boulder, CO
INVESTMENT HIGHLIGHTS
- Severe development restrictions and long-standing height moratoriums limit new supply, driving rent and value growth.
- Unmatched access to 300+ miles of trails and 45,000 acres of open space fuels lifestyle-driven demand.
- CU Boulder anchors demand with 37,000+ students, elite AAU status, and a $4.3B annual economic impact.
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present The Walnut Collective, a 21-unit multifamily community in the heart of Boulder, Colorado. Comprised of five buildings and a carriage house on a 0.48-acre site, the property sits between the iconic Pearl Street Mall and the University of Colorado Boulder campus—one of the state’s most desirable locations.
Ideally located off Walnut Street, The Walnut Collective offers direct access to Pearl Street, The Hill, 29th Street Mall, CU Boulder, Chautauqua Park, and
Boulder’s extensive Flatiron trail system. Originally built in the early 1900s, the property features a mix of studio, one-, and two-bedroom units averaging 500 SF, with ample on-site parking and a spacious shared yard.
Units have been thoughtfully renovated with high-end finishes uncommon in Boulder’s vintage housing, including quartz countertops, shaker cabinets, stainless steel appliances, vinyl flooring, upgraded fixtures, and in-unit washers/dryers in select units. Residents enjoy walkability to Boulder’s top dining, shopping, and entertainment options, as well as access to over 300 miles of trails and 45,000+ acres of open space. The location appeals to both CU students and young professionals
seeking a premium work-life balance.
With limited new development due to regulatory barriers and home values rising over 47% since 2017, Boulder’s strong rental demand and sub-5% vacancy rate make The Walnut Collective a prime opportunity to capture both near- and long-term rent growth.
Ideally located off Walnut Street, The Walnut Collective offers direct access to Pearl Street, The Hill, 29th Street Mall, CU Boulder, Chautauqua Park, and
Boulder’s extensive Flatiron trail system. Originally built in the early 1900s, the property features a mix of studio, one-, and two-bedroom units averaging 500 SF, with ample on-site parking and a spacious shared yard.
Units have been thoughtfully renovated with high-end finishes uncommon in Boulder’s vintage housing, including quartz countertops, shaker cabinets, stainless steel appliances, vinyl flooring, upgraded fixtures, and in-unit washers/dryers in select units. Residents enjoy walkability to Boulder’s top dining, shopping, and entertainment options, as well as access to over 300 miles of trails and 45,000+ acres of open space. The location appeals to both CU students and young professionals
seeking a premium work-life balance.
With limited new development due to regulatory barriers and home values rising over 47% since 2017, Boulder’s strong rental demand and sub-5% vacancy rate make The Walnut Collective a prime opportunity to capture both near- and long-term rent growth.
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,213 SF |
| Total Land Area | 0.59 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
1602 Walnut Street Apartments
1602-1620 Walnut St, Boulder, CO 80302 |
Multifamily | 10,524 SF | 1905 | - |
|
Carriage House
1828-1830 16th St, Boulder, CO 80302 |
Multifamily | 3,689 SF | 1905 | - |
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