2855 FOLSOM ST BOULDER CO 80304

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2855 FOLSOM ST BOULDER CO 80304

BOULDER, CO 80304
Asking Price
$8.45M
Asset Type
Religious/Church Special-purpose
Class
Class B

What's Special

A fully built, move-in-ready church campus in the heart of Boulder. <ul><li>​$8,450,000 ($250.34/SF) Purchase Price</li><li>​33,754 SF Building Size</li><li>​1992 Year of Construction</li><li>​382,421 SF / 8.78 AC Land Size</li><li>​Approximately 500 Sanctuary Capacity</li><li>​Special Use </li><li>​Zoning: Eastern Portion RM-1, Western Portion RL-1</li></ul>

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NOI
$80,000
Cap Rate
0.95%
DSCR
0.16
Underwater
Cash-on-Cash
-16.63%
Monthly Payment
$41,805.99
Annual Cash Flow
$-421,671.874

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