Description
This fully vacant 15-unit apartment complex offers a rare investment opportunity in the heart of Downtown Boulder.
Walk just half a mile to reach the vibrant University of Colorado campus. Stroll a few blocks to Pearl Street Mall.
The property includes two distinct buildings. Builders completed one in 1955 and the other in 1962. A 1985 renovation added updates.
Furthermore, Building 953 features a single-story layout with six 1-bedroom, 1-bathroom units. Each unit delivers a simple and comfortable design.
Tenants will appreciate the functional layout and walkable location.
Meanwhile, Building 951 spans two stories and originally included ten 1-bedroom, 1-bathroom units.
The owner later converted two units into a unique two-story space. This area now includes an office, laundry, and manager’s quarters.
Investors can reconfigure or repurpose this flexible space with ease.
Importantly, the property offers a blank canvas for creative redevelopment.
Its unbeatable location—just steps from Pearl Street’s shops, restaurants, and entertainment—makes it ideal for a transformative project.
With the right vision, an investor can modernize this complex while preserving its historic charm.
Updated interiors and thoughtful design can attract tenants or buyers seeking Boulder’s energetic lifestyle.
As a result, the property holds strong potential for long-term value and market appeal.
Ultimately, this property presents a rare chance to create something exceptional in one of Colorado’s most desirable markets.
Floor Plans
