Description
For sale in the heart of vibrant Downtown Boulder, this fully vacated 15-unit apartment complex presents a rare and exciting investment opportunity. Situated just half a mile f rom the bustling University of Colorado campus and mere blocks f rom the iconic Pearl Street Mall. The complex comprises two distinct buildings, constructed in 1955 and 1962 respectively, with a renovation completed in 1985.
The first building, 953, is a single-story structure offering six 1-bedroom, 1-bathroom units. Each unit provides a functional layout, ideal for tenants seeking simplicity and comfort in a highly walkable neighborhood. The second building, 951, is two stories and originally housed ten 1-bedroom, 1-bathroom units; however, two units were transformed into a unique two-story space that currently serves as a combined office, laundry facility, and manager’s living quarters—offering flexibility for future use or reconfiguration.
This property is a blank canvas awaiting a visionary investor or developer. Its unbeatable location—steps from trendy shops, eateries, and entertainment on Pearl Street, and a short walk to the University—positions it perfectly for a transformative renovation. With the right touch, this complex could be revitalized into a modern gem, blending its historical roots with contemporary appeal to attract tenants or buyers eager to experience Boulder’s dynamic lifestyle. Don’t miss the chance to breathe new life into this asset and make it shine as a standout in one of Colorado’s most sought-after markets.
Floor Plans
