Two-Property Student Housing
For Sale
Contact for pricing
1127 12th Street, Boulder, CO 80302
Two adjacent student housing buildings offer 22 bedrooms and 9 bathrooms, both currently leased to fraternity members.
Property Size8,000 SF
Price / SF$953.10
Days on Market36
Property Features for 1127 12th Street
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Multifamily
Zoning
RH-5 Residential - High 5 (HR-E)
Occupancy
100%
Net Operating Income
$419,429
Additional Details
Business Included
Yes
Building Details
Year Built
1899
Year Renovated
2026
Buildings
2
Stories
3
Units
5
Tenancy
Multi
Listing Agency:
Unique Properties, Inc
Listed By:
Phil Dankner · License #CO FA.100052493
Source:
Crexi
Added: Jul 8
Changed: Aug 8
Last Checked: Aug 11 at 1:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Unique Properties, Inc
Investment Insights
Based on property information with market context.
1127 and 1139 12th Street are being offered together as a two-property student housing investment with a combined 22 bedrooms and 9 bathrooms. 1127 12th Street contains 12 beds and 4 baths, and 1139 12th Street contains 10 beds and 5 baths. Both properties are currently leased to fraternity members, with 1127 12th serving as a chapter’s main house and 1139 12th operating as a satellite house to a separate chapter.
The buildings are on University Hill in Boulder and are described as being steps from the CU Boulder campus and the retail, restaurant, and bar corridor known as The Hill. The offering is presented as a concentrated, same-block configuration designed to provide leasing efficiency.
Recent ownership improvements include Trex decking replacement at 1127 in 2024, two bathroom remodels in 2025, and a $120,000 interior modernization completed in 2026 that included a full electrical and panel upgrade, drywall replacement, fresh paint throughout, and general maintenance. At 1139, a new backflow preventer and water shutoff were installed in 2024, and in 2025 both water heaters were replaced and one bathroom was fully remodeled.
The buildings are on University Hill in Boulder and are described as being steps from the CU Boulder campus and the retail, restaurant, and bar corridor known as The Hill. The offering is presented as a concentrated, same-block configuration designed to provide leasing efficiency.
Recent ownership improvements include Trex decking replacement at 1127 in 2024, two bathroom remodels in 2025, and a $120,000 interior modernization completed in 2026 that included a full electrical and panel upgrade, drywall replacement, fresh paint throughout, and general maintenance. At 1139, a new backflow preventer and water shutoff were installed in 2024, and in 2025 both water heaters were replaced and one bathroom was fully remodeled.
Key Highlights
- Two adjacent student housing buildings with 22 bedrooms and 9 bathrooms offered together.
- 1127 12th St: 12 beds and 4 baths; 1139 12th St: 10 beds and 5 baths.
- Both properties are currently leased to fraternity members.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,378
Businesses Nearby
Explore this area
Business Placement
Demographics for 80302, CO
27,322
Population
13,556
Households
2
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
93.9 sq mi
ZIP Area
291
Density / Sq Mi
$60,649
Median Household Income
$19,586
Median Earnings
$1,850
Median Rent
$1,123,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two adjacent student housing buildings offer 22 bedrooms and 9 bathrooms, both currently leased to fraternity members.
Where is this apartment building located?
The property is located at 1127 12th Street Boulder, CO.
What is the asking price?
The asking price for this property is $7,624,800.
What are key features of this property?
This property features: Two adjacent student housing buildings with 22 bedrooms and 9 bathrooms offered together.; 1127 12th St: 12 beds and 4 baths; 1139 12th St: 10 beds and 5 baths.; Both properties are currently leased to fraternity members.
