The Block Portfolio Multi-Family FOR SALE


Boulder, CO
$23,000,000 USD
303-962-9534
, Boulder, CO for Sale
$23,000,000 USD
Multi-Family - FOR SALE
1/57
null | 5.06% Cap Rate

The Block Portfolio
Boulder, CO


HIGHLIGHTS

  • Premier A+ location on "The Hill"
  • New construction condo quality units
  • Parking garage upside
  • Zero vacancy historically
  • 6+% average rent growth
  • Newer plumbing, electrical, boilers, roofs, exteriors at 1019 & 1027

OVERVIEW

CU Boulder Student Housing opportunity at 1005-1027 14th St. This is the best location on The Hill - just a block from campus! Zero vacancy historically. 6+% average rent growth. The block consists of 3 properties on 1 parcel. Each property is unique from the other, consisting of 63 total bedrooms. 1005 14th is a new construction building built in 2018 with an underground parking garage. 1019 14th is a 20-bed property with a Greek organization master lease and 1027 14th is an 8-bed duplex with an additional carriage house in the back. The properties historically have 0% vacancy, pre-lease well in advance, and are 100% pre-leased for the '24-'25 year.

ASK ABOUT THIS PROPERTY

Luke SalazarPinnacle Real Estate AdvisorsMore Info
303-962-9534

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Luke SalazarPinnacle Real Estate AdvisorsMore Info
303-962-9534

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.