August 1, 2012

Housing units sell for $3.54 million

BOULDER – A 16-unit student housing complex near the University of Colorado-Boulder campus has sold for $3.54 million.

The building, at 810 20th St., was purchased by Rubicon Twenty LLC, according to Boulder County records. 810 20th Street LLC sold the property.

The purchase is an investment in Boulder’s hot market for multifamily housing, Rubicon Twenty principal Rob Castellino said.

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“I think it’s a great location and in a solid building,” Castellino said. “Multifamily property in Boulder is relatively scarce. It was attractive to simply find something, and I thought the price fairly reflected its value.”

According to property records, 810 20th St. was built in 1972. 810 20th St. purchased the building in December 2009 for $3 million.


BOULDER – A 16-unit student housing complex near the University of Colorado-Boulder campus has sold for $3.54 million.

The building, at 810 20th St., was purchased by Rubicon Twenty LLC, according to Boulder County records. 810 20th Street LLC sold the property.

The purchase is an investment in Boulder’s hot market for multifamily housing, Rubicon Twenty principal Rob Castellino said.

“I think it’s a great location and in a solid building,” Castellino said. “Multifamily property in Boulder is relatively scarce. It was attractive to simply find something, and I thought the price fairly reflected its value.”

According to property records, 810 20th St. was…

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