FAQ

At Velo Condos two condominiums units have been designed as Type A adaptable units and additional Type B adaptable units are provided throughout the community. These homes have been designed so that they can be converted for users with different accessibility needs. Below is a list of accessible features of each type:

Type A Unit features:

• An accessible route to and through the dwelling unit
• Accessible door thresholds
• 36” interior doors
• Lower cabinet and countertop height (34” vs. 36”)
• Removable cabinetry at sinks for wheel chair access
• In wall blocking for future installation of grab bars at bathtubs, showers, and toilets
• Appliances meeting reach range requirements

Type B Unit features:

• Accessible route to and through the dwelling unit
• Accessible door thresholds
• 34” interior doors
• In wall blocking for future installation of grab bars at bathtubs, shower, and toilets

Building A: 3301 Airport Rd., Boulder, CO 80301 Building B: 3291 Airport Rd., Boulder, CO 80301 Building C: 3281 Airport Rd., Boulder, CO 80301 Building D: 3261 Airport Rd., Boulder, CO 80301 Building E: 3271 Airport Rd., Boulder, CO 80301

Velo has 2 wonderful community rooms located on the south end of Building D, 3261 Airport Rd. The upper community room will have 2 glass overhead doors co-working, coffee time with a kitchenette, seating & tables, counter seating along the east-facing wall with windows, wi-fi & Parcel Pending locker. The lower level will be a Fitness Room with 2 bathrooms & an overhead garage door. The community grounds will be well-landscaped and include park area, play area, bike repair & washing station, and interior pet washing station in future Building B.

Store your bike, gear & car in the private garages, bike storage rooms and most units have generous storage inside the units. There will be bike-tire ramps at all interior stairs for convenient bike transport. Exterior bike racks will be located on-site as well. And yes, there will be an on-site bike wash & bike repair station!

Yes, we always welcome Buyer's Brokers & Agents. Please note the requirements for a co-op fee paid to a Buyer’s Broker or Agent (“Broker”): 1. Broker must make the first inquiry on behalf of Buyer and register Buyer in writing with Deanna Franco or Megan James of 8030 Realty (“Velo Condos Associate”) or on the VeloCondos.com website before Buyer making contact with an 8030 Realty Velo Condos Associate via the internet, email, text, phone, or if Buyer makes first inquiry, Buyer must disclose in writing they have a Buyer’s broker with completed information noted below or via the VeloCondos.com website. 2. Broker must accompany Buyer on Buyer’s first visit with a Velo Associate, the Velo Condos site, or to an off-site location regarding Velo Condos. 3. Broker must be an active, licensed real estate broker in the State of Colorado at the time of the inquiry, during the contract period, and at the time of closing. 4. The Broker’s name and contact information must be provided in full. 5. The Broker must attend all meetings with the Buyer, including closing and all walk-throughs. 6. Commission offered is paid on the base price less any upgrades or Seller credits. 7. Pricing is not negotiated whether or not a co-op fee is paid.

On Valmont at end of Airport Rd. https://www-static.bouldercolorado.gov/docs/TransitMap2018Final_JulyUpdate-1-201807301112.pdf?_ga=2.15135478.1790579061.1583333741-175101073.1582826834

All units in Buildings C, D & E are now sold! We are no longer accepting Reservations on future buildings A & B until further notice. Reservations do not guarantee pricing but give Reservation Holders the first right of refusal when the unit becomes available for pre-purchase. Reservation Holders will be notified as soon Units are available for Contracting.

No, not at this time. Please contact Deanna Franco at 720-422-5131 or at Deanna@8030realty.com for market-rate units and Megan James at 630-363-9779 or Megan@8030realty.com for more information on permanently affordable units.

"Phase 1" of Velo Condos consisting of Buildings C, D & E have been built and sold. "Phase 2" will consist of buildings A & B. Estimated start and completion dates are unknown at this time.

The earnest money deposit is 3% of the sales price. If the unit is already framed, 100% is due at time of Contracting. If the unit is not yet framed, half is due at time of Sales Contract & half due at framing completion.

Earnest Money & Reservation Deposits will be delivered to Land Title Guarantee Co. in Boulder. Personal or cashier's check should be made payable to "Land Title Guarantee Co." In the Memo be sure to write "E.M. Velo # " and write the unit #. Deliver checks to Land Title Guarantee Co. located at 2595 Canyon Blvd., Suite 340, Boulder, CO 80302.

Approximate HOA monthly dues, subject to change: Fixie: $204, E-Bike $215, Roadie $238, Townie $225, Tandem $302, Cruiser $311, Commuter $294, Hardtail $353, Enduro $395, 29ER $410, Hybrid $561, Mountain $588. The HOA fees will cover exterior building maintenance, trash/recycling, snow removal, common area landscaping, common area interior spaces including the Co-Working Community Room & Fitness Room, common utilities, hazard insurance, property management & security system. Gas and electric utilities for each unit are individually metered. Water will be billed to the HOA and passed through to residents. Owners will be responsible for maintenance of their own private yards, landscaping & everything inside their unit including windows and their exterior doors. For detailed information on who is responsible for what, please see the
Maintenance & Responsibilities. Chart

BOOM Properties 303-402-6900 boomprop.com

No, you are not required to run a business out of the work space.

Per code, the person using the work space must live in the Residence. "Live-work unit means a structure with a combination of uses where work activities occur as allowed in the industrial zoning districts and includes a dwelling unit for the business occupant, but not including a caretaker dwelling unit. Such unit shall have only one kitchen and shall be occupied by either the owner, the tenant, or the owner's or tenant's employee plus any other persons that may be allowed to occupy a dwelling unit pursuant to Section 9-8-5, "Occupancy of Dwelling Units," B.R.C. 1981. The live-work unit must be the residence of a person responsible for the work performed on the premises." For reference see City of Boulder Land Use Code

Velo Condos falls within the “IG” zoning district per City of Boulder regulations; therefore, the work portion of the live-work condos must follow City of Boulder guidelines. See the City of Boulder website Title 9 Land Use Code with further details of allowed uses. For more information click here and scroll to Table 6-1 to view permitted uses. Grow operation are not permitted per the HOA.

Yes! Amanda Sessa from SWBC Mortgage. To pre-qualify visit https://www.swbcmortgage.com/teamsessa. She can be reached at 303-883-8858 or asessa@swbc.com. Amanda's incentive is a free appraisal of up to $500.

Yes, there are 14 visitor parking spots available on a first-come, first-serve basis.

Yes! Owners can have a total of 2 household pets; Dogs & cats allowed. Velo will also have an interior pet wash.

Currently, the HOA allows owners to rent out their condos with a minimum 30-day rental period. All rentals are governed by the City of Boulder rental ordinances.

We are currently not accepting any reservations on "Phase 2" until further notice. <!--First, click here to Register Now. Then complete the Reservation Checklist. Once we receive your completed Reservation Checklist, we will prepare your Reservation Agreement. If your request is accepted, a Reservation Deposit of $500 is required. Reservation Deposits are totally refundable until Buyer signs a Sales Contract. If Buyer proceeds to contract, the Reservation Deposit will convert to their Earnest Money Deposit.-->

Yes! All buildings entries to common stairwells are secured and exterior entries are well lit.

Columbine Elementary, Casey Middle & Boulder High.

At Velo, we know how important sound considerations and safety features are for buyers. Our engineers have designed sound separation systems to reduce both airborne and structure-borne sound transmission. Please see the link below to view our wall assembly diagrams.
Wall Assembly Diagrams

Yes, aircraft will certainly be heard on occasion however Velo is on the quiet side of the airport. The busiest flight times are when the weather is favorable, in the Spring and weekends. Although the airport is operational day and night, nighttime fights are minimal and usually for medical purposes. See The Noise Abatement Procedures & Traffic Patterns brochure. For more information visit the website https://bouldercolorado.gov/airport. You can also see the Boulder Municipal Airport Master Plan Update January 2007.

Property taxes have not yet been assessed by the County. Buyers may want to use the sales price to estimate taxes as a "best guess". A simple way to estimate taxes would be to multiply the sales price times .61% . Taxes are calculated as follows: Actual Value x Assessment Rate 7.15% = Assessed Value x Mill Levy .085713 = Taxes Due. State tax assessment rates & mill levies are subject to change. Each unit will be assessed by the County Tax Assessor by January 1st of the year of construction and assessed by the percentage of the completion at that time. Buyers are responsible for verifying taxes. See this link for more information: https://assets.bouldercounty.org/wp-content/uploads/2017/08/ar-property-tax-calculation.pdf