1027 14Th St Boulder, CO 80302
- Multifamily properties
- 23,162 SF
- 0.57 lot acres
Current Use by Public Records
- Mountain Mama Properties / Mountain Cabin
Property Details for 1027 14Th St
- Year built
- 1946
- Lot size
- 0.57 lot acres
- Property size
- 23,162 SF
- Property type
- Multifamily 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.2753
- Latitude
- 40.00602
