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    1140 Cannon St Louisville, CO 80027

    For Sale
    $42,000,000

    Boutique apartment building near Downtown Louisville and Boulder.

    Property size:
    130,000 SF

    Property Features for 1140 Cannon St

    General Information

    Size
    130,000 SF

    Building Details

    Year built
    2017

    Source: Mike Krebsbach Agent Mike Krebsbach

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Apartments in Historic Louisville

    This property features a 130,000 square foot building constructed in 2017, containing 130 units. The property offers a mix of mid to large unit sizes and various additional income opportunities, providing a foundation for stable returns. Positioned as a boutique luxury community, it is located within Historic Downtown Louisville, and 10 minutes from Boulder. The location offers a blend of small-town comfort and adventurous appeal. The property is located steps from Downtown Louisville and across from designated Open Space.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.171
    Latitude
    39.9475

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    FAQs

    What type of property is this?
    Apartment building - Boutique apartment building near Downtown Louisville and Boulder.
    Where is this apartment building located?
    The property is located at 1140 Cannon St Louisville, CO.
    What is the asking price?
    The asking price for this property is $42,000,000.
    What are key features of this property?
    This property features: - Boutique luxury community in Historic Downtown Louisville, just 10 minutes from Boulder.; - Attractive assumable loan through Freddie Mac, originated by Wells Fargo.; - Deal of scale with 130 units and 130,000 SF in a supply-restrained market.
    (561) 789-1303
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    1140 Cannon St Louisville, CO 80027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1140 Cannon St Louisville, CO 80027
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