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Joseph Newman

joseph@thecoloradobroker.com +1(720) 841-7010

$11,500,000

Est. payment - /mo

10,596 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 10,596 sqft

Price per Sqft $1,085

Subdivision University Place

MLS Listing ID IR1056735

HOA Y/N No

Year Built 1909

Annual Tax Amount $40,812

Tax Year 2026

Lot Size 0.428 Acres

Acres 0.43

Source recolorado

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

Fireplace N

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Building

Water Public

Level or Stories Tri-Level

Structure Type Brick

Schools

Elementary Schools Flatirons

Middle Schools Manhattan

High Schools Boulder

School District Boulder Valley Re 2

Others

Ownership Individual

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Listed by John Hunter

Nearby School & Business

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Joseph Newman

+1(720) 841-7010

The Colorado Broker License ID: 069025

1031-1059 14th ST Boulder, CO 80302

Joseph Newman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information