1005 14Th St Boulder, CO 80302

The Block features three properties on a single parcel, offering a total of 63 bedrooms. Located on "The Hill" in Boulder, Colorado, just a block from the University of Colorado campus, the properties benefit from proximity to new retail, restaurant, hotel, and conference center developments. The location is considered highly desirable. One of the buildings, constructed in 2018, includes an underground parking garage with 35 spaces. Another property, featuring 20 beds, is master leased to a Greek organization through 2026 and is zoned for up to 36 occupants. This building also includes a fire sprinkler system, a newer roof, newer exterior paint, updated kitchens, updated plumbing and electrical systems, and a recently replaced boiler system, along with dorm-style baths with multiple stalls and showers. The third property is an 8-bed duplex with an additional carriage house. It features the cosmetics of a new build with newer systems including plumbing and electrical, plus a recently replaced boiler system. The interiors are fully renovated, including kitchens and baths with new granite countertops, cabinets, stainless steel appliances, lighting, and hardwood flooring throughout. The property has recently been brought up to code, including electrical, plumbing, and landscaping. A 400+ SF club house is located in the backyard for tenant use. The properties have a strong rental history with full pre-leasing for the upcoming school year. One of the buildings includes nine large condo-quality units, washer/dryers and wine coolers in units, and private balconies. The properties are fully preleased for the '24-'25 school year.