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    OFF-MARKET
    Dormitories

    1012 15Th St, Boulder, CO 80302

    3,390 SF
    Property ID
    US13-0133852
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Dormitories
    Total area 3,390 SF
    UPID US13-0133852
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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