1012 15Th StBoulder, CO 80302

  • Hospitality properties
  • 3,390 SF
For Sale
$2,950,000 View listing

Property Details for 1012 15Th St

Property size (Sq ft)
3,390 SF
Property type
Hospitality properties
Property subtype
Multifamily properties

Description

This exceptional six-unit multifamily property, located at 1012 15th Street in Boulder, Colorado (zip code 80302), presents a compelling investment opportunity. The 3,390 square foot building boasts a desirable mix of studio, one, two, and three-bedroom units, totaling ten bedrooms and six bathrooms. Currently operating as student housing within the RM-2 zoning district, the property enjoys a prime University Hill location, steps from the CU Boulder campus. The property features remodeled units with a strong rental history and is pre-leasing for the 2025-2026 school year. With a projected Net Operating Income (NOI) of $147,000 and a 5% capitalization rate, this Class B property offers a strong return on investment. The asking price is $2,950,000. This is a rare chance to acquire a well-maintained, high-performing student housing asset in a highly sought-after Boulder location. The property's strong performance and location make it an ideal addition to any investment portfolio.

1012 15Th St, Boulder, Colorado

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
40.0058
Longitude
-105.273

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