Broomfield Multifamily Investment
265 Laurel St Broomfield, CO 80020
265 Laurel St, Broomfield, CO, 80020
$1,250,000
Pending
For Sale
$1,250,000
Pending
Well-maintained 8-unit apartment building in a central location.
Lot Size0.22 Acres
Days on Market89
Property Features for 265 Laurel St
General Information
- Standard status
- Pending
- Lot size
- 0.22 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1961
Listing agency
Denver Office
(303) 328-2075
Listed by
Clayton Primm · License #CO:FA100024161
(303) 328-2075
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:18PM Checked: Jul 21 at 5:33AM
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Investment Insights
Based on property information with market context.
This 2-story brick building, constructed in 1961, features interior hallways and comprises 7 one-bedroom units and 1 studio unit. All units are equipped with newer double pane windows, and 5 of the 8 units have been updated with vinyl plank flooring, updated kitchens, and bathrooms. Common area hallways have been renovated with newer vinyl plank flooring and LED lights. An income-producing laundry facility is located on the lower level. The property includes 8 off-street parking spaces in the rear, with the parking lot resurfaced in 2025. The entire electrical system was upgraded in 2025, featuring new electrical panels and conduit to each unit. All units are individually metered for electricity, paid directly by the residents. Gas and water are master metered and currently paid by the owners. Heating is provided by a central boiler, and there are 2 water heaters providing domestic hot water, replaced in 2021 and 2025. Situated on a 0.22-acre lot, the exterior landscaping is maintained by a sprinkler system. The property offers strong rental appeal due to its historically strong occupancy, central location, and proximity to major employers, retail, recreation, and quality schools. The value-add potential is also a strong incentive to any potential buyer with the ability to continue the renovations to the remaining three units and increase rent growth.
Key Highlights
- Strong rental appeal due to central location, proximity to major employers, retail, recreation, and quality schools, resulting in historically strong occupancy.
- Value‑add potential through continued renovation of the remaining three units to increase rent growth.
- Significant recent upgrades including a completely resurfaced parking lot and a fully upgraded electrical system (both in 2025).
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FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit apartment building in a central location.
Where is this apartment building located?
The property is located at 265 Laurel St Broomfield, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Strong rental appeal due to central location, proximity to major employers, retail, recreation, and quality schools, resulting in historically strong occupancy.; Value‑add potential through continued renovation of the remaining three units to increase rent growth.; Significant recent upgrades including a completely resurfaced parking lot and a fully upgraded electrical system (both in 2025).
