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Page 1: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

1044 13th Street, Boulder, CO 80302

Page 2: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Investment Advisors

Eric Rutherford

Broker Associate

303.541.1908 | [email protected]

www.EricRutherford.com

Tom Hill

Broker Associate

720-564-6011 | [email protected]

WK Real Estate, Commercial Division

Page 3: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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DISCLOSURE & CONFIDENTIALITY AGREEMENT

The information contained in this Offering Memorandum is confidential, furnished solely for the purpose of review by a prospective purchaser of 1044 13th St, Boulder, CO 80302

offering (the “Property”) and is not to be used for any other purpose or made available to any other person without the expressed written consent of WK Real

Estate or the Owner. The material is based in part upon information supplied by Owner and in part upon information obtained WK Real Estate from sources it deems

reasonably reliable. Summaries of any documents are not intended to be comprehensive or all inclusive but rather only an outline of some of the provisions contained therein. No

warranty or representation, expressed or implied, is made by Owner, WK Real Estate, or any of their respective affiliates, as to the accuracy or completeness of the

information contained herein or any other written or oral communication transmitted to a prospective purchaser in the course of its evaluation of the Property. No legal

liability is assumed or to be applied in connection with the information or such other communications. Without limiting the generality of the foregoing, the information shall not be

deemed a representation of the state of affairs of the Property or constitute an indication that there has been no change in the business or affairs of the Property since the date of

preparation of the information. Prospective purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own

independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous material

located at the site.

This Offering Memorandum was prepared by WK Real Estate and has been reviewed by Owner. It contains select information pertaining to the Property and does not purport to be all

inclusive or to contain all of the information which a prospective purchaser may desire. All financial projections are provid ed for general reference purposes only and are based on

assumptions relating to the general economy, competition and other factors beyond control and, therefore, are subject to material change or variation. An opportunity to inspect the

Property will be made available to qualified prospective purchasers.

In this Offering Memorandum, certain documents and other materials are described in summary form. The summary does not purpor t to be complete nor, necessarily,

accurate description of the full agreements involved, nor do they constitute a legal analysis of such a document. Interested parties are expected to independently review all documents.

This Offering Memorandum is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice

as to the value of the Property by WK Real Estate or the Owner. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of

purchasing the Property described herein.

Owner and WK Real Estate expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or to

terminate discussions with any party at any time with or without notice. Owner shall have no legal commitment or obligation to any interested party reviewing this Offering Memorandum

or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed and delivered by the Owner and such party and any

conditions to Owner’s obligations there under have been satisfied or waived and then only to the extent expressly provided for therein. WK Real Estate is not authorized to make any

representations or agreements on behalf of Owner.

This Offering Memorandum is the property of WK Real Estate and may be used only by parties approved WK Real Estate and Owner. The Property is privately offered and, by accepting

delivery of this Offering Memorandum, the party in possession hereof agrees (i) to return it to WK Real Estate immediately upon request of WK Real Estate or

Owner and (ii) that this Offering Memorandum and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Offering

Memorandum may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of WK Real Estate and Owner. The terms and conditions set forth

above apply to this Offering.

Page 4: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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05 Executive Summary

08 Property Overview

11 Area Overview

19 Financial Analysis

Page 5: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Executive Summary

Page 6: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Executive Summary WK Real Estate, as exclusive advisor to the Seller, is pleased to present the opportunity to acquire 1044 13th

Street, a well-maintained 4-Plex located on the University Hill, close to the CU campus, dining, coffee, bike

routes, bus, and the Pearl Street Mall. This exceptional investment property is 100% leased, has a valid rental

license and is SmartRegs compliant. Included in each unit is a clothes washer, clothes dryer, refrigerator and

microwave.

Page 7: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Offering Procedure

Price: $2,800,000

GRM: 19.51

Timing: Prospective purchasers are encouraged to review the marketing material in

conjunction with a property tour to determine their offering price and terms.

Property Tours: Property tours are available on Tuesdays between 9:00 AM - 12:00 PM or

Thursdays between 1:30 PM - 4:30 PM.

Please contact Stephanie Snedeker at [email protected] or 303.746.8692 to

schedule a property tour.

INVESTMENT ADVISORS

Eric Rutherford Tom Hill

Broker Associate Broker Associate

303.541.1908 | [email protected] 720-564-6011 | [email protected]

www.EricRutherford.com

Page 8: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Property Overview

Page 9: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Property Description

Property Address 1044 13th Street

Boulder, Colorado 80302

SF 4,470

Occupancy 100%

Number of Units 4

Parking 7 Spots

Land Area .15 Acres (6,357 SF)

Built 1921

Zoning Residential-High - 5

Building Specifications

Construction Stone

Exterior Walls Stone

Heat 1 Boiler and 2 Hot Water Heaters

Electrical Units Separately Metered

Plumbing Each Unit has a Washer/Dryer

Roof New 30-year asphalt shingle roof

installed in 2012

Water/Sewer City of Boulder

Page 10: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

UP

UPDN

Entrance

Main Level Unit 3

4 Bedroom/2 Bath

Bedroom 110'8 x 16'0

Bedroom 212'10 x 13'5

Bedroom 310'9 x 11'11

Bedroom 47'2 x 15'0

Bath

Closet

Closet

Closet

ClosetKitchen

7'0 x 11'10

Living Room26'8 x 16'3

Porch

Bath

DW

REF.

DN

N

Closet

Living Room 11'6 x 13'1

Bath

Bedroom 112'0 x 10'6

Bedroom 2 11'4 x 8'2

4 Bedroom/2 Bath

Bath

Kitchen11'4 x 10'0

Closet

Closet

Pantry

Unit 4

While every attempt has been made to ensure the accuracy of the floorplan contained here, measurements of doors, windows and rooms are approximate and no responsibility is taken for any ommission or

mis-statement. These plans are for visual representation purposes only and should be used as such by any prospective purchaser. Floor plan is not an architectural as-built. Square footage is determined using

exterior wall dimensions and is not guaranteed.

Floor Plans prepared by Overhead Views, (303)886-9578, [email protected]

Upper Level

Closet

Bedroom 315'3 x 10'8

Laundry5'6 x 4'9

Entrance

Bedroom 4 7'0 x 13'6

Closet

Deck

Lower Level Unit 22 Bedroom/1 Bath

1044 13th Street Boulder, Colorado

Entrance

Bedroom 214'11 x 14'0

Bedroom 110'3 x 8'6 Bath

Kitchen12'0 x 8'0

Living Room13'6 x 14'0

Laundry3'3 x 4'4

Closet

Closet

Closet

REF.

UP

Utility

Entrance

Laundry3'7 x 4'6

Closet

Living Room12'11 x 15'2

Study8'8 x 9'11

Bath

Bedroom 1 7'0 x 13'6 Bedroom 2

7'0 x 12'1

2 Bedroom/1 BathUnit 1

Kitchen12'2 x 10'3

Closet

[email protected]

Tel:(303)[email protected]:(720)564-6011

Eric Rutherford/Tom Hill

Lower Level

Page 11: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Area Overview

Page 12: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Page 13: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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B o u l d e r , C o lo r a d o

In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder is

also now home to start-up companies, internet companies, and venture capitalists. Boulder's dynamic economy is

supported by computer, aerospace, scientific, and research firms. Whether at work, rest or play, Boulder offers something

for everyone. It's a mecca for start-ups and dot coms. It's on the cutting edge of technology and industry. It has been a

pioneer in the areas of natural foods and holistic healing. For every techy there's a yogi. And for every season, there is a

reason to love Boulder.

Location:

Boulder is nestled in the foothills, where the rolling plains meet the Colorado Rocky Mountains. Centrally located within an

hour of Denver, Denver International Airport, Eldora Ski Resort and Rocky Mountain National Park. A few hours from many

of Colorado's world-famous ski resorts makes Boulder the ideal Colorado destination.

Elevation And Size:

5,430 feet (Denver is 5,280 feet)

City of Boulder is 27.8 square miles

Boulder County is 752 square miles

Page 14: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Attractions:

Pearl St. Mall

The City of Boulder offers shoppers a unique experience with shopping areas located throughout the community that

include the Pearl Street Mall, This four-block pedestrian mall is a social hotspot in Boulder, with dozens of restaurants of all

kinds and specialty stores that include artisan shops and unique gadget shops. In the summer and on weekends, many street

shows and acts can be found throughout the mall, along with street vendors and artists The pop-jet fountain, a summer

favorite, has water spouts popping up right from the ground! This popular children’s play area near 14th street is a great place

to cool down and have lots of fun doing it! On the east end of the Downtown Boulder Mall are big animal statues your

children can climb on. Additionally, there are big rocks to climb on in another very popular children’s area located between

13th Street and Broadway. Also passing through the downtown area is Boulder Creek and the Boulder Creek Path.

Downtown Boulder has events year round

The Memorial Day weekend Boulder Creek Festival is a Boulder favorite. Enjoy music, food, artwork of all kinds, and even

rides for kids! The festival is concluded with a rubber ducky race down the Boulder Creek! Downtown Boulder kicks off the

fall season with the fun-filled Fall Festival, which also provides wonderful music, food, and rides.

Play

Often named the number one sports community in the country, Boulder offers world-class public recreation centers with

pools, workout facilities, team sports, and classes for all ages. Hiking, biking, running, rollerblading. Skiing, snowshoeing,

snowboarding. Rock climbing, canoeing, back-county trekking. Whatever your sport or hobby, Boulder offers a season and a

place to enjoy the great outdoors.

Page 15: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Recreation

Recently rated the "#1 Sports Town in America" by Outside Magazine, offering countless year-round recreational activities.

Take advantage of the 200 miles of public hiking and biking trails, approximately 30,000 acres of open space or the Boulder

Creek Path, which runs through the middle of town.

Arts & Culture

More than 30 art galleries, 4 local museums, 32 movie & stage theaters and many festivals, including the Colorado

Shakespeare Festival and the Colorado Music Festival.

Dining

More than 300 restaurants featuring local, regional and international cuisine.

Best of Boulder

Boulder has won more accolades than any other city in America for its recreation, culture, health, business climate and

overall quality of life.

Environment

Boulder is a community with high ethical standards: focused on preserving natural open space, a clean and beautiful

environment, and a reduction in pollution. See the next page for a few examples:.

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No Smoking in Boulder Restaurants and Taverns

A no-smoking policy has been in effect in the workplace of Boulder's employees for quite some time. However, in September

of 1995, Boulder took another step forward and included restaurants into the equation to protect employees and staff of

Boulder's local restaurants. This has been a great success for Boulder and a great contribution to a cleaner environment!

Boulder's Open Space Program

Realizing that the "Blue Line" was an important success, Boulder citizens decided to prevent further development by

acquiring land before it was developed. In 1967, Boulder became the first city in the United States to tax itself for funds to be

used specifically for the acquisition, management and maintenance of Open Space. An additional sales tax of one cent on the

dollar was authorized, 40 percent of which went to open space lands. In 1989, voters expanded the revenue stream by

the addition of another .33 cent sales tax! The Boulder Open Space Program, together with the City's Parks Program, has

succeeded in protecting the essential scenic beauty and ecological integrity of the Boulder Valley. City Open Space now

protects almost two-thirds of the Boulder Valley, commonly referred to as the "greenbelt." To this point, the City has

acquired approximately 6,100 acres of Mountain Parks lands, approximately 2,700 acres of other park lands, approximately

29,000 acres of Open Space, approximately 480 acres of utility lands, for a total of 38,500 acres. The County Open Space

Program now owns over 54,000 acres.

Reduced Pollution through Public Transportation: The HOP & SKIP

Boulder's convenient HOP and SKIP shuttles allow residents and visitors an alternative way to shop, see the sights, go to

school, or commute to work! The HOP is a circulator shuttle that makes 40 stops along a loop through central Boulder,

including Crossroads Mall, Pearl Street and the University Hill area. The SKIP runs north and south along Broadway seven

days a week. You can catch the brightly colored buses Monday-Saturday, every 6 to 30 minutes. The HOP and SKIP combined

are now servicing 10,000 trips per day during the week! Because of the HOP & SKIP's success, RTD and the Denver Regional

Council of Governments approved funding for the JUMP, LEAP and BOUND.

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Eco Pass Program

The Eco Pass program is an annual RTD transit pass valid on all RTD local, regional and express buses, the HOP, SKIP, and

upcoming JUMP, LEAP and BOUND, serving Boulder and surrounding areas. The program was designed to cut down on the

number of cars driven in Boulder on a day-to-day basis. Currently, the city of Boulder is exploring options for a Community

Transit Pass program. This program would provide Eco Passes to every resident, student, and employee in the city. Many

businesses in the Boulder area are already on board: the Boulder

Chamber of Commerce, in conjunction with the City of Boulder and RTD, offers member businesses the opportunity to

purchase Eco Passes for their employees at a substantial discount. The University of Colorado also provides Eco Passes to

staff members at a significantly lower rate. The goal of the eco pass program is simple: to reduce congestion and pollution,

making Boulder a cleaner and more desirable place to live.

Recreation in Boulder Colorado

Boulder, Colorado... scenic bike paths preferred to highways... 30,000 acres of

unspoiled open space... 200 miles of serene hiking and biking trails... kayakers

paddling through the middle of town... a rock climbers paradise... tubers and

fly-fishermen rejuvenating in Boulder Creek... a town committed to natural

resource conservation... a balanced ratio of bicycles to residents... a close-knit

community embracing an outdoor lifestyle. Combine all of that with the 300 days

of sunshine per year, and it's clear why Boulder was rated "#1 Sports Town in

America" and the "Best Place to be an Uberjock" by Outside Magazine.

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The surrounding Rocky Mountain landscape beckons visitors with easy-to-challenging hiking trails and unparalleled scenic

views. A single day’s itinerary might include watching the sunrise from a hot air balloon; paddling a kayak through the middle

of town; rock climbing the nearby peaks; mountain biking over rugged alpine trails; tubing or fly-fishing in Boulder Creek; or

teeing off at Flatirons Golf Course.

Visitors are encouraged to take advantage of Boulder’s 200 miles of serene hiking and biking trails, approximately 30,000

acres of unspoiled open space or the Boulder Creek Path, which runs through the middle of town and parallels Boulder

Creek. In winter, you can test your snowshoeing or cross country skiing ability on nearby trails. Or, enjoy downhill skiing and

snowboarding at Eldora Mountain Ski Resort, just 30 minutes away from downtown Boulder.

University of Colorado

The University of Colorado at Boulder was founded in 1876 and is currently one of the premier public research institutions in

the United States. With over 200 buildings on 786 acres and over 29,000 enrolled students, the university offers 85

undergraduate majors and over 100 post-graduate areas of study. In addition to the academic programs, CU Boulder is

home to the Colorado Buffaloes and one of the most unique mascots in intercollegiate athletics, a real buffalo named

"Ralphie". The Boulder location provides an amazing living environment, with over 300 days of sunshine per year, year-round

cultural and recreational opportunities and one of the most beautiful college campuses in the country.

Useful Websites and Links:

www.colorado.com – Colorado Vacation and Visitors Site www.boulderhistorymuseum.org – Museum of Boulder

www.bvsd.org – Boulder Valley School District www.colorado.edu – University of Colorado - Boulder

www.boulderchamber.com – Boulder Chamber of Commerce www.bouldercoloradousa.com – Boulder Convention and Visitors Bureau

www.getboulder.com – Boulder Magazine www.dbi.org – Downtown Boulder

www.bcbr.com – Boulder County Business Report www.dailycamera.com – Boulder Daily Camera Newspaper

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Financial Analysis

Page 20: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

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Unit Level Bed/Bath Deposit Lease Start Lease End Rent

1 Lower 2 Bed/1 Bath $3,880 08/06/2017 08/02/2018 $1,940

2 Lower 2 Bed/1 Bath $3,880 08/06/2017 08/02/2018 $1,900

3 Main 4 Bed/2 Bath $7,980 08/06/2016 08/02/2018 $4,120

4 Upper 4 Bed/2 Bath $7,740 08/06/2016 08/02/2018 $4,000

Rent Roll

Total Monthly Rent $11,960

Page 21: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

Demographic and Income Comparison Profile1044 13th St, Boulder, Colorado, 80302 Prepared by Eric R RutherfordRings: 1, 5, 10 mile radii Latitude: 40.00633

Longitude: -105.276191 mile 5 miles 10 miles

Census 2010 SummaryPopulation 22,713 105,578 185,490Households 7,928 44,866 77,539Families 1,877 18,855 40,321Average Household Size 2.18 2.17 2.28Owner Occupied Housing Units 1,930 22,518 46,395Renter Occupied Housing Units 5,998 22,348 31,144Median Age 22.7 29.8 34.5

2017 SummaryPopulation 25,977 116,915 205,169Households 8,766 48,880 84,925Families 2,014 20,245 43,686Average Household Size 2.21 2.19 2.30Owner Occupied Housing Units 1,864 22,762 47,888Renter Occupied Housing Units 6,902 26,118 37,037Median Age 22.8 30.6 35.1Median Household Income $33,949 $59,210 $76,991Average Household Income $61,153 $96,732 $112,328

2022 SummaryPopulation 27,345 123,536 218,088Households 9,345 51,740 90,399Families 2,116 21,264 46,221Average Household Size 2.22 2.20 2.30Owner Occupied Housing Units 1,951 23,873 50,546Renter Occupied Housing Units 7,394 27,867 39,852Median Age 23.0 31.7 35.8Median Household Income $37,141 $71,097 $88,094Average Household Income $70,456 $111,276 $127,377

Trends: 2017-2022 Annual RatePopulation 1.03% 1.11% 1.23%Households 1.29% 1.14% 1.26%Families 0.99% 0.99% 1.13%Owner Households 0.92% 0.96% 1.09%Median Household Income 1.81% 3.73% 2.73%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 30, 2017

©2017 Esri Page 1 of 7

Page 22: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

Demographic and Income Comparison Profile1044 13th St, Boulder, Colorado, 80302 Prepared by Eric R RutherfordRings: 1, 5, 10 mile radii Latitude: 40.00633

Longitude: -105.276191 mile 5 miles 10 miles

2017 Households by Income Number Percent Number Percent Number Percent<$15,000 2,236 25.5% 7,196 14.7% 8,661 10.2%$15,000 - $24,999 1,181 13.5% 4,585 9.4% 5,869 6.9%$25,000 - $34,999 1,050 12.0% 4,419 9.0% 6,307 7.4%$35,000 - $49,999 1,089 12.4% 5,239 10.7% 8,836 10.4%$50,000 - $74,999 1,140 13.0% 6,651 13.6% 11,799 13.9%$75,000 - $99,999 681 7.8% 4,936 10.1% 9,691 11.4%$100,000 - $149,999 575 6.6% 6,612 13.5% 13,969 16.4%$150,000 - $199,999 365 4.2% 3,896 8.0% 8,250 9.7%$200,000+ 445 5.1% 5,342 10.9% 11,537 13.6%

Median Household Income $33,949 $59,210 $76,991Average Household Income $61,153 $96,732 $112,328Per Capita Income $22,925 $41,630 $47,204

2022 Households by Income Number Percent Number Percent Number Percent<$15,000 2,285 24.5% 7,060 13.6% 8,493 9.4%$15,000 - $24,999 1,163 12.5% 4,354 8.4% 5,516 6.1%$25,000 - $34,999 1,029 11.0% 3,980 7.7% 5,626 6.2%$35,000 - $49,999 1,050 11.2% 4,673 9.0% 7,761 8.6%$50,000 - $74,999 1,175 12.6% 6,583 12.7% 11,469 12.7%$75,000 - $99,999 857 9.2% 5,557 10.7% 10,768 11.9%$100,000 - $149,999 781 8.4% 8,309 16.1% 17,166 19.0%$150,000 - $199,999 447 4.8% 4,791 9.3% 9,900 11.0%$200,000+ 553 5.9% 6,428 12.4% 13,696 15.2%

Median Household Income $37,141 $71,097 $88,094Average Household Income $70,456 $111,276 $127,377Per Capita Income $26,274 $47,750 $53,461

Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 30, 2017

©2017 Esri Page 2 of 7

Page 23: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

Demographic and Income Comparison Profile1044 13th St, Boulder, Colorado, 80302 Prepared by Eric R RutherfordRings: 1, 5, 10 mile radii Latitude: 40.00633

Longitude: -105.276191 mile 5 miles 10 miles

2010 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 487 2.1% 4,279 4.1% 8,774 4.7%Age 5 - 9 361 1.6% 4,310 4.1% 9,697 5.2%Age 10 - 14 300 1.3% 4,006 3.8% 9,784 5.3%Age 15 - 19 5,492 24.2% 11,092 10.5% 15,975 8.6%Age 20 - 24 8,595 37.8% 20,200 19.1% 23,895 12.9%Age 25 - 34 2,739 12.1% 16,421 15.6% 25,836 13.9%Age 35 - 44 1,358 6.0% 12,369 11.7% 24,632 13.3%Age 45 - 54 1,133 5.0% 11,986 11.4% 27,187 14.7%Age 55 - 64 1,127 5.0% 10,998 10.4% 22,276 12.0%Age 65 - 74 584 2.6% 5,311 5.0% 9,859 5.3%Age 75 - 84 355 1.6% 2,964 2.8% 5,059 2.7%Age 85+ 183 0.8% 1,642 1.6% 2,516 1.4%

2017 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 497 1.9% 4,247 3.6% 8,678 4.2%Age 5 - 9 364 1.4% 4,201 3.6% 9,588 4.7%Age 10 - 14 333 1.3% 4,303 3.7% 10,364 5.1%Age 15 - 19 6,447 24.8% 12,647 10.8% 17,926 8.7%Age 20 - 24 9,540 36.7% 21,454 18.4% 26,077 12.7%Age 25 - 34 3,362 12.9% 19,071 16.3% 29,596 14.4%Age 35 - 44 1,466 5.6% 12,523 10.7% 24,681 12.0%Age 45 - 54 1,146 4.4% 11,855 10.1% 25,900 12.6%Age 55 - 64 1,313 5.1% 12,551 10.7% 26,669 13.0%Age 65 - 74 832 3.2% 8,203 7.0% 15,963 7.8%Age 75 - 84 436 1.7% 3,734 3.2% 6,513 3.2%Age 85+ 242 0.9% 2,126 1.8% 3,212 1.6%

2022 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 549 2.0% 4,590 3.7% 9,358 4.3%Age 5 - 9 371 1.4% 4,326 3.5% 9,588 4.4%Age 10 - 14 342 1.3% 4,181 3.4% 10,040 4.6%Age 15 - 19 6,608 24.2% 12,827 10.4% 18,146 8.3%Age 20 - 24 9,685 35.4% 21,499 17.4% 26,296 12.1%Age 25 - 34 3,722 13.6% 20,714 16.8% 33,425 15.3%Age 35 - 44 1,700 6.2% 13,993 11.3% 26,700 12.2%Age 45 - 54 1,161 4.2% 11,588 9.4% 24,886 11.4%Age 55 - 64 1,363 5.0% 12,494 10.1% 26,739 12.3%Age 65 - 74 987 3.6% 9,916 8.0% 20,244 9.3%Age 75 - 84 581 2.1% 5,063 4.1% 9,084 4.2%Age 85+ 276 1.0% 2,344 1.9% 3,581 1.6%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 30, 2017

©2017 Esri Page 3 of 7

Page 24: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

Demographic and Income Comparison Profile1044 13th St, Boulder, Colorado, 80302 Prepared by Eric R RutherfordRings: 1, 5, 10 mile radii Latitude: 40.00633

Longitude: -105.276191 mile 5 miles 10 miles

2010 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 20,191 88.9% 93,184 88.3% 164,535 88.7%Black Alone 235 1.0% 932 0.9% 1,585 0.9%American Indian Alone 85 0.4% 455 0.4% 803 0.4%Asian Alone 1,223 5.4% 4,783 4.5% 8,941 4.8%Pacific Islander Alone 22 0.1% 83 0.1% 124 0.1%Some Other Race Alone 358 1.6% 3,445 3.3% 4,660 2.5%Two or More Races 599 2.6% 2,697 2.6% 4,843 2.6%Hispanic Origin (Any Race) 1,303 5.7% 9,141 8.7% 14,646 7.9%

2017 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 22,737 87.5% 101,473 86.8% 179,177 87.3%Black Alone 339 1.3% 1,287 1.1% 2,200 1.1%American Indian Alone 100 0.4% 532 0.5% 926 0.5%Asian Alone 1,517 5.8% 5,885 5.0% 10,879 5.3%Pacific Islander Alone 32 0.1% 109 0.1% 162 0.1%Some Other Race Alone 441 1.7% 4,136 3.5% 5,567 2.7%Two or More Races 811 3.1% 3,493 3.0% 6,257 3.0%Hispanic Origin (Any Race) 1,598 6.2% 10,870 9.3% 17,375 8.5%

2022 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 23,689 86.6% 105,953 85.8% 188,205 86.3%Black Alone 394 1.4% 1,518 1.2% 2,643 1.2%American Indian Alone 105 0.4% 568 0.5% 1,002 0.5%Asian Alone 1,707 6.2% 6,755 5.5% 12,552 5.8%Pacific Islander Alone 37 0.1% 123 0.1% 186 0.1%Some Other Race Alone 479 1.8% 4,529 3.7% 6,115 2.8%Two or More Races 934 3.4% 4,090 3.3% 7,386 3.4%Hispanic Origin (Any Race) 1,792 6.6% 12,220 9.9% 19,698 9.0%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 30, 2017

©2017 Esri Page 4 of 7

Page 25: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

Demographic and Income Comparison Profile1044 13th St, Boulder, Colorado, 80302 Prepared by Eric R RutherfordRings: 1, 5, 10 mile radii Latitude: 40.00633

Longitude: -105.27619

1 mile

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

35

30

25

20

15

10

5

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

< $15K25.5%

$15K - $24K13.5%

$25K - $34K12.0%

$35K - $49K12.4%

$50K - $74K13.0%

$75K - $99K7.8%

$100K - $149K6.6%

$150K - $199K4.2%

$200K+5.1%

2017 Population by Race2017 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

White Black Am.Ind. Asian Pacific Other Two+ Hisp

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 30, 2017

©2017 Esri Page 5 of 7

Page 26: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

Demographic and Income Comparison Profile1044 13th St, Boulder, Colorado, 80302 Prepared by Eric R RutherfordRings: 1, 5, 10 mile radii Latitude: 40.00633

Longitude: -105.27619

5 miles

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

3.5

3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

18

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

< $15K14.7%

$15K - $24K9.4%

$25K - $34K9.0%

$35K - $49K10.7%

$50K - $74K13.6%

$75K - $99K10.1%

$100K - $149K13.5%

$150K - $199K8.0%

$200K+10.9%

2017 Population by Race2017 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am.Ind. Asian Pacific Other Two+ Hisp

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 30, 2017

©2017 Esri Page 6 of 7

Page 27: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

Demographic and Income Comparison Profile1044 13th St, Boulder, Colorado, 80302 Prepared by Eric R RutherfordRings: 1, 5, 10 mile radii Latitude: 40.00633

Longitude: -105.27619

10 miles

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

< $15K10.2%

$15K - $24K6.9%

$25K - $34K7.4%$35K - $49K

10.4%

$50K - $74K13.9%

$75K - $99K11.4%

$100K - $149K16.4%

$150K - $199K9.7%

$200K+13.6%

2017 Population by Race2017 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am.Ind. Asian Pacific Other Two+ Hisp

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 30, 2017

©2017 Esri Page 7 of 7

Page 28: 1044 13th Street, Boulder, CO 80302 · Boulder, Colorado In Boulder, the entrepreneurial spirit lives on. Once known mostly for its think tanks and scientific achievements, Boulder

22

Investment Advisors

Eric Rutherford Tom Hill

Broker Associate Broker Associate

303.541.1908 | [email protected] 720-564-6011 | [email protected]

www.EricRutherford.com

1044 13th Street, Boulder, CO 80302