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23,162 sqft

$18,420,000

1027 14th Street, Boulder CO, 80302

Price per sqft$795.27
Built in1946
Property size23,162 sqft
Property typeCommercial

Overview

Active

Listed Jan 30, 2025

Updated 4 weeks ago

The Block, located on “The Hill” in Boulder, CO, is a strategic investment in one of the nation’s most lucrative multifamily investment markets. Its location is the most desirable on the hill just a block from the CU campus and brand-new retail, restaurant, hotel, and conference center developments. This offering presents investors with a rare and compelling opportunity to capitalize on the robust and ever-growing demand for student housing in a niche market with a very limited housing supply. The Block comprises 3 properties on 1 parcel, each with its own unique appeal, totaling 63 bedrooms. 1005 14th, a new construction building from 2018, boasts an underground parking garage. 1019 14th, a 20-bed property, features a Greek organization master lease. 1027 14th is an 8-bed duplex with an additional carriage house. These properties have a strong rental history, with 0% vacancy, pre-leasing well in advance, and are already 100% pre-leased for the ‘26-’27 year. Boulder has seen average rent increases of over 6% for the past 15 years, underscoring the potential profitability of this investment. The city is renowned for its natural beauty, thriving tech scene, and prestigious educational institutions, including the University of Colorado. Please reach out to Luke Salazar at 303-962-9534, [email protected] with any questions.

Additional information

MLS® ID
3489912

Interior Features

Basement
No

Exterior Features

Lot Size
0.57 Acres

Other Property Details

Taxes
$114,160
Tax Frequency
Annually
Garage
Yes
MLS provider logo
Listed by Pinnacle Real Estate Advisors, Jim Knowlton, Listing Contact:  
 

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