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Maxwell & Madison Boulder Portfolio
Boulder, CO Mapleton Hill

$7,800,000 USD

Multifamily For Sale  •  11,647 SF

2 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 5.39 %
60 Transit Score
60 Walk Score

Highlights

1020 Maxwell Ave - Maxwell Lofts (9 Units/18 beds) • All large 2 bed / 1 bath units
• 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)
• Trophy asset with strong curb appeal; Central A/C, garage + off-street parking
3200 Madison Ave (6 Units/12 beds) • All 2 bed / 1 bath units
• Ideal student housing layout and location - Currently averaging ~$2,000 in rent
• Madison Street comps at ~$2,350–$2,450 (~30%+ rental upside without capex needed)

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $420,125 USD (2027)
Cap Rate: 5.39 %
Total Expenses: $112,742 USD
Luke Salazar 303-962-9534 Pinnacle Real Estate Advisors
Luke Salazar 303-962-9534 Pinnacle Real Estate Advisors