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$ 4,670,000
Est. payment /mo
New
1012 14th ST Boulder, CO 80302
6,279 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision University Place
MLS Listing ID IR1067391
HOA Y/N No
Year Built 1910
Lot Size 6,279 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Property Description
The Unique Apartment Group is pleased to present 1012 14th Street, a 16-bedroom, 5-bathroom student housing investment property on University Hill in Boulder, Colorado. Steps from the CU Boulder campus and the retail, restaurant, and bar corridor that defines The Hill, the property sits in the most coveted student rental submarket in the state. Students gravitate to The Hill for the social scene and walkability, and demand consistently outpaces supply: University Hill is geographically landlocked and effectively built out, with zoning and topography that sharply limit new construction, while CU Boulder enrolls over 38,000 students against a persistent on-campus housing shortfall.The Hill submarket operates on a pre-leasing cycle: next year's leases are typically executed during the prior fall semester, giving ownership rare forward visibility into occupancy and rental income before the current term rolls. 1012 14th Street is currently leased to fraternity members, providing organizational lease guarantees and a built-in pipeline for future occupancy through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the 16-bed, 5-bath configuration suits the group lease model, reducing turnover friction and delivering a stabilized, hands-off cash flow profile.Ownership has also invested meaningfully in the asset over recent years, leaving a new buyer with minimal near-term capital exposure: in 2023, all bathrooms and the basement kitchen were renovated, the roof received extensive repair and shingle replacement, and new modified bitumen was installed on the flat roof section; in 2024, the PRV and expansion tank were replaced; and in 2025, interior paint and flooring were refreshed throughout.
Location
State CO
County Boulder
Zoning RH-5
Rooms
Basement Full
Interior
Heating Hot Water
Exterior
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Waterfront Description Public
Roof Type Composition
Private Pool No
Building
Story Three Or More
Water Public
Schools
School District Elementary: Boulder Valley Re 2, High: Boulder Valley Re 2
Others
Tax ID R0000145
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byUnique Properties
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