Property

Boulder, CO 80302 1027 14th Street

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Presented By: Pinnacle Real Estate Advisors;
  • REColorado (MTOMLS) - 6 - CO
  • MLS# 3489912
  • 01/30/2025
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
  • SQFT • 23,162
  • Garage • 35

Home Details

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 '25-’26 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, LSalazar@PinnacleREA.com with any questions.
Presented By: Pinnacle Real Estate Advisors;

General for 1027 14th Street

Attached Garage Yes
Building NameThe Block
Cap Rate5.76
Carport Spaces
CityBoulder
CountyBoulder
Current UseMulti-Family
Garage Spaces35
Gross Income1526906
Listing TermsCash, Conventional
Lot Size Square Feet24900
Lot Size UnitsSquare Feet
Number Of Units Total63
NumberOfUnitsVacant0
Occupancy TypeTenant
Operating Expense431018
Property SubtypeMulti Family
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount114160
Tax Year2023
Year Built1946

Exterior for 1027 14th Street

Building Area Total23162
Lot Size Acres0.57
Lot Size Area24900
Total Parking35
Water SourcePublic

Additional Details

Price History

Christian Anthony

REALTOR
Price $21,500,000
MLS#3489912
List Date 01/30/2025
Property Type Commercial
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