1012 15Th St, Boulder, CO 80302
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.