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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$11,500,000

Est. payment - /mo

0.43 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision University Place

MLS Listing ID IR1056735

HOA Y/N No

Year Built 1909

Lot Size 0.428 Acres

Acres 0.43

Property Description

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.

Location

State CO

County Boulder

Zoning RH-5

Rooms

Basement Full

Interior

Heating Forced Air

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Story Tri-Level

Water Public

Schools

School District Elementary: Boulder Valley Re 2, High: Boulder Valley Re 2

Others

Tax ID R0002549

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Listed byJohn Hunter

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

1031-1059 14th ST Boulder, CO 80302

Source Home Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information