Multifamily Property for Sale in Boulder, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Boulder, CO 80302

Description

MARCUS & MILLICHAP IS PLEASED TO EXCLUSIVELY PRESENT THOMAS JEFFERSON APARTMENTS — A 17-UNIT, 34-BED STUDENT HOUSING ASSET LOCATED AT 1380 19TH STREET IN BOULDER’S GOSS-GROVE SUBMARKET, DIRECTLY ADJACENT TO THE UNIVERSITY OF COLORADO BOULDER. THE PROPERTY OFFERS A RARE CONVERGENCE OF IRREPLACEABLE CAMPUS PROXIMITY, DEEPLY BELOW-MARKET RENTS, AND A CLEAR VALUE-ADD PATHWAY IN ONE OF THE MOST PROVEN STUDENT HOUSING MARKETS IN THE COUNTRY. Thomas Jefferson sits immediately west of CU Boulder, with the university bordering the property to the east and only a single0.22-acre parcel separating it from campus to the south. In a market where walkability to class is the single most important amenity for student renters, this is not simply a near-campus address. It is functionally on campus — a position that is permanent, unrepeatable, and insulated from competitive supply. The property comprises 17 uniformly configured two-bedroom, two-bathroom apartments averaging 851 square feet across 0.42 acres of RH-1 zoned land. That consistency is a meaningful operational advantage. One floor plan, one renovation scope, one leasing profile — centered on the most liquid and dependable unit format in Boulder’s off-campus market. Two-bedroom product continues to outperform across the city because it balances affordability through roommate configurations with the privacy and space that students prioritize. Investment Highlights: • THE WIDEST RENT GAP IN BOULDER STUDENT HOUSING • CU BOULDER — A DEMAND ENGINE WITHOUT PEER • STRUCTURAL SUPPLY DEFICIT — BY DESIGN, NOT BY CYCLE • UNIFORM PRODUCT, STREAMLINED EXECUTION • RETURN PROFILE

Market Context

This multifamily in Boulder, CO is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 67 days. Compare it against other multifamily listings for sale in Boulder, CO — <a href="/search/sale/multifamily/colorado/boulder">view the full market</a>.

As of Q4 2025, the Denver multifamily market showed cap rates around 5.3%. Source: Consensus Q4 2025 market report.

Its 6.8% asking cap rate is above the Denver multifamily market average of about 5.3%, implying a higher yield (and typically more risk or upside) than comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Denver?
About 5.3% as of Q4 2025, per Consensus.

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