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$ 5,200,000
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3460 Madison AVE Boulder, CO 80302
7,292 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,292 sqft
Price per Sqft $713
MLS Listing ID 7694903
Style A-Frame
HOA Y/N No
Year Built 1967
Annual Tax Amount $23,678
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
CAN BE PURCHASED TOGETHER OR SEPARATELY WITH 1037 12TH STREET, 1110-1116 13TH STREET, & 2005 GOSS STREET
Cushman & Wakefield is pleased to present the Goss & Baseline Portfolio, a rare opportunity to acquire two meticulously maintained multifamily assets in the heart of Boulder, Colorado—one of the most supply-constrained and sought-after rental markets in the country. Comprising 17 total units across two high-performing properties, this portfolio delivers the ideal blend of stability, rental upside, and long term appreciation potential.
3460 MADISON | 12 UNITS | ±7,292 SF – A well-positioned, side-by-side multifamily property offering strategic access to major transportation corridors, retail, and recreation. The Madison asset appeals to both students and young professionals, and has demonstrated long-term tenant retention and strong operating performance. Both properties have been carefully maintained, reflecting pride of ownership and reducing near-term capital expenditure requirements. They are located in areas with limited multifamily inventory and protected by Boulder's restrictive zoning and development constraints, which help insulate existing assets from new competition. With 100% historical occupancy for over a decade, minimal vacancy, and high tenant retention, the portfolio offers stable in-place cash flow and reduced investment risk. At the same time, Boulder's rental market has achieved 10% year-over-year rent growth over the last decade, making the Goss & Baseline Portfolio ideally positioned to capture ongoing rental upside and create a prime investment opportunity.
Cushman & Wakefield is pleased to present the Goss & Baseline Portfolio, a rare opportunity to acquire two meticulously maintained multifamily assets in the heart of Boulder, Colorado—one of the most supply-constrained and sought-after rental markets in the country. Comprising 17 total units across two high-performing properties, this portfolio delivers the ideal blend of stability, rental upside, and long term appreciation potential.
3460 MADISON | 12 UNITS | ±7,292 SF – A well-positioned, side-by-side multifamily property offering strategic access to major transportation corridors, retail, and recreation. The Madison asset appeals to both students and young professionals, and has demonstrated long-term tenant retention and strong operating performance. Both properties have been carefully maintained, reflecting pride of ownership and reducing near-term capital expenditure requirements. They are located in areas with limited multifamily inventory and protected by Boulder's restrictive zoning and development constraints, which help insulate existing assets from new competition. With 100% historical occupancy for over a decade, minimal vacancy, and high tenant retention, the portfolio offers stable in-place cash flow and reduced investment risk. At the same time, Boulder's rental market has achieved 10% year-over-year rent growth over the last decade, making the Goss & Baseline Portfolio ideally positioned to capture ongoing rental upside and create a prime investment opportunity.
Location
State CO
County Boulder
Zoning XBO
Interior
Fireplace N
Exterior
Parking Features Asphalt
Roof Type Shingle
Total Parking Spaces 13
Garage No
Building
Sewer Public Sewer
Structure Type Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield