Multi-family Property / Development Opportunity FOR SALE

298 Arapahoe Avenue, Boulder, CO, USA

Sale Price
$3,425,000 
Type
Income Property, Land
Offered
For Sale
Zoning
Unincorporated Boulder County
Location
Boulder
Lot Size
.49 Acres
Building Size
4,193 SF

Description

The Crabtree Team with The Colorado Group, Inc. is pleased to present 298 Arapahoe, a mulitfamily cash-flowing asset with development potential in the heart of Boulder, Colorado. The City of Boulder has achieved some of the nation’s top rankings. In 2017, National Geographic named Boulder the ‘Happiest City in America’ while Niche named it the ‘#1 Healthiest County in America’ in 2018. Home to a thriving tech scene, top ranking university, and world class recreation, Boulder is one of the most desirable places to live in the country and thus has some of the highest barriers to entry of any community in the region, which has helped keep its multifamily market so strong.

Perfectly located, 298 Arapahoe is at the intersection of both Flagstaff and Canyon paths – and across the street from Ebin G. Fine Park – just steps away from fishing, biking, hiking, and tubing. It is in unincorporated Boulder County. Add on to that, the convinience of walking a few blocks to the Pearl Street Pedestrian Mall Boulder’s most popular corridor, and the RTD that connects you to all of Boulder and surrounding areas. Residents enjoy walkability to fine dining and shopping including; the flagship Pizzeria Locale, Frasca Food & wine, The Kitchen, Oak, St. Julien Hotel & Spa, Athleta, Free People, John Atencio, Peppercorn, and Urban Outfitters. This four block pedestrian shopping district ranks among the most beautiful in the U.S., according to The Wall Street Journal.

Furthermore, Google’s Colorado headquarters is located less than two miles away. This 330,000 square foot campus consists of three four story buildings, and will house up to 1,500 employees, a major jump from the previous Google campus that housed just 340 employees. This considerable increase in personnel has significantly increased housing, education, and business needs in Boulder.

Floor Plans

Location: 298 Arapahoe Avenue, Boulder, CO, USA