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Sold on 12/08/2017

200 Arapahoe Ave, Boulder, CO 80302

$3,750,000

Last sold 12/08/2017 after 197 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 200 Arapahoe Ave

Property type Multi-family
Neighborhood
Year built 1934
HOA fee $0/month
Lot size 1.05 Acre
Rental estimate
Property description
The Classic and Timeless Foot of the Mountain Motel, Complete with Much of its Original Character and Charm from the 1930's, Along with Many Modern Upgrades. The Property is Comprised of 18 Standard Motel Units and Two Suites across 4 Buildings. Strong and Increasing Revenues Leave Room for Additional Upside for a New Owner as well as Potential Expansion of the Use to Include Events and Weddings to Fully Utilize This Picturesque Setting. Exceptional Redevelopment Potential.
Listed by
Listing Agent - Michael-Ryan McCarty
Listing Agent Contact: 3034421040
Listing Office - Gibbons-White, Inc.
Source: IRESMLS mls logo
MLS#821305 • last updated 1 year ago
Movoto checked IRESMLS for data 13 minutes ago
Overview
Cooling/AC None
Heating Individual Heat Source
MLS # 821305
Type Residential Income
Status Sold
Lot Size (Acres) 1.05
Annual Tax 44493
Interior
Basement None
Exterior
Roof Composition
Construction Frame
Lot Features Wooded, Evergreen Trees, Deciduous Trees, Rock Outcropping, Abuts Stream/Creek/River, Abuts Park, Abuts Public Open Space, Paved
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Electricity Xcel Energy
Water Source City
Appliances Fire Alarm
Location
View Hills
County Boulder
Subdivision Tr, Nbr 158, 160, 162
Middle School Centennial
High School District Boulder Valley Dist RE2
APN R0033107
Multifamily Details
Tenant Pays None
Total # of Units 20
Cap Rate 6.69
Operating Expense 488930
Gross Income 799953.76
Lot/ Land Details
Possible Use Business
Road Frontage City Street
Road Surface Asphalt
Rental est.: $1,503/month
Gross rent multiplier: 207.9
  • Dec 2017
    Public Records
  • Dec 12, 2017 Sold
    $3,750,000
  • Dec 2017
    mls logo MLS # 821305
  • Dec 8, 2017 Sold
    $3,750,000 (-19.4%)
  • May 25, 2017 Listed
    $4,650,000 (+111.4%)
  • Sep 2014
    Public Records
  • Sep 2, 2014 Sold
    $2,200,000
  • Year Property taxes Tax assessment
  • 2025
    $85,891 -4.9%
    $855,901 -6.19%
  • 2024
    $90,354 +1.6%
    $912,330 -0.91%
  • 2023
    $88,962 +43.0%
    $920,700 +53.99%
  • 2022
    $62,191 +7.4%
    $597,902 -21.37%
  • 2021
    $57,933 -22.1%
    $760,380
  • 2020
    $74,414
    $760,380
  • 200 Arapahoe Ave
    $3.75M
  • Central Boulder - University Hill
    $2.45M
  • 80302
    $1.35M -15% y/y
  • Boulder
    $998K -33% y/y
No chart available
Statistics calculated by Movoto

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8/10
Boulder High School
public Grades 9-12
Boulder Valley Re 2 School District
Source: GreatSchools.org © 2026. All rights reserved.

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