1027 14Th StBoulder, CO 80302

Property Details for 1027 14Th St

Year built

1946

Lot size

0.57 AC

Property size (Sq ft)

23,162 SF

Property type

Other multifamily properties

Property subtype

Residential income properties

Description

This exceptional multifamily investment opportunity in Boulder, Colorado, presents a portfolio of three properties totaling 63 bedrooms on a 0.57-acre lot. Strategically located on "The Hill," just a block from the University of Colorado campus and new developments, this portfolio offers unparalleled access to a high-demand student housing market with limited supply. The properties include a newly constructed (2018) building with an underground parking garage (1005 14th Street), a 20-bed property with a Greek organization master lease (1019 14th Street), and an 8-bed duplex with a carriage house (1027 14th Street). The portfolio boasts a remarkable rental history, achieving 0% vacancy and pre-leasing well in advance. It is currently 100% pre-leased for the 2025-2026 academic year. Boulder's consistently strong rental market, with average annual increases exceeding 6% over the past 15 years, ensures significant potential for long-term profitability. This investment capitalizes on the city's renowned natural beauty, thriving tech sector, and prestigious educational institutions, making it an exceptional opportunity for discerning investors seeking high returns in a prime location. The total square footage across all three properties is 23,162 square feet. The asking price for this exceptional portfolio is $21,500,000.

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.006

Longitude

-105.275

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