Active Under Contract House MLS# IR1056735

1031-1059 14th Street

Boulder, CO 80302

$11,500,000

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About 1031-1059 14th Street

Ideally located only 275 feet from the main entrance on "The Hill" to the University of Colorado at Boulder, this four-property portfolio is a generational opportunity to acquire a prime asset in one of the most in-demand and supply constrained student-housing markets in the U.S. The University of Colorado at Boulder experienced a record-breaking 68,000 applications for the Fall of 2024, up 20% from the previous year, and has seen a steady increase in applications and enrollment since 2012, while increasing its retention rate to a record 90%. 1031, 1033, 1045 and 1059 14th Street (the "14th Street Properties") are strategically positioned in the heart of The Hill, steps from Starbucks and the numerous student-focused shops, restaurants and bars that make The Hill the center of student life and the most sought after spot for housing. With the best location on the Hill and off-street parking, the 14th Street Properties are in high demand each year by students and experience zero vacancy, with leases secured annually for the following school year by the end of October. Currently leased to a fraternity chapter for the '25/'26 and '26/'27 school years, with a guarantee from the national organization, the tenant has a strong interest in renewing on a longterm basis. Alternatively, the flexibility is in place for an owner/occupier organization, or an investor looking to pursue a different model such as apartment units.

Property details

Property

Type
single
MLS type
Residential
Status
Active Under Contract
Year built
1909
Stories
Tri-Level
Lot
0.43 AC / 18,626 SF
MLS #
1056735

Interior

Features
Full
Appliances
Dishwasher, Dryer, Oven, Refrigerator, Washer
Heating
Forced Air

Exterior & lot

Roof
Composition

Schools

District
Boulder Valley RE 2
Elementary
Flatirons
Middle
Manhattan
High
Boulder

Utilities

Utilities
Electricity Available, Natural Gas Available
Water
Public

Financial

Annual tax
$40,812
Parcel
R0002549

Location

Subdivision
University Place
County
Boulder

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Listed by John Hunter, John Hunter

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