Boulder, Colorado is a wonderful choice for investing in real estate. This area is highly desirable and consistently ranks as one of the most popular cities in the nation. As the home of CU Boulder, our city has close to a 50/50 split between renters and homeowners–so it’s ideal for real estate investors looking to expand their portfolio. If you’re interested in benefiting from the low capitalization rates and high equity gains that the Boulder market is known for, here are some areas to explore:
University Hill
The University Hill area is located just east of downtown Boulder. Its proximity to downtown makes it appealing to a broad audience, from students to university faculty and families. This part of town is known for being walkable, which is great for future tenants who want to explore the city by foot. There’s a good mix of single-family homes and duplexes here, and the quality tends to bode well for high-yield returns.
Martin Acres
Martin Acres remains a desirable place for investment. Located in South Boulder, this neighborhood was built in the 1950s on land surrounding the old Martin Farm. The original Martin house still stands at the corner of 35th Street and Moorhead Avenue. This development comprises about 1,300 single-family homes and four apartment buildings, bounded by Highway 36, Table Mesa Drive, and Broadway.
Old North Boulder
Old North Boulder offers a quaint and quiet feel yet is still very close to downtown. This centrally located neighborhood is mostly comprised of single-family homes. Even though properties here are priced higher than the city average, this area consistently yields impressive returns for investors. Many historic homes are beautifully renovated and in high demand thanks to the neighborhood’s history and fantastic location.
Baseline
Broomfield is a smaller town that lies between Denver and Boulder. Many residents here are young, and the new Baseline development was constructed to meet the needs and desires of its growing population. Baseline is home to several residential areas, including parks and schools. This area also has an abundance of shopping and dining near the villages.
Goss/Grove
Goss/Grove is an excellent investment opportunity, especially for those looking to rehab older bungalows. This historic neighborhood is perfectly situated for renters, with its close proximity to CU Boulder, Naropa University, and just a short walk to Pearl Street. Its central location is highly attractive to students, young professionals, and those who want easy access to downtown amenities. Investors will find a great mix of character-filled homes with strong rental demand and potential for property appreciation. If you’re seeking a walkable, high-demand area with plenty of charm, Goss/Grove is a top choice.
It’s hard to go wrong when investing in Boulder or its suburbs. Year after year, properties experience impressive equity gains. Whether you’re interested in purchasing a single-family home or multihousing, you can grow your investment with each passing year. Boulder is one of the most stable housing markets in the nation and has weathered even the most challenging economic waters remarkably well. Contact me if you want to purchase an investment property in or near Boulder. I’d love to help you find the ideal property to add to your portfolio.