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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$18,420,000

Est. payment - /mo

23,162 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,162 sqft

Price per Sqft $795

MLS Listing ID 3489912

HOA Y/N No

Year Built 1946

Annual Tax Amount $114,160

Tax Year 2023

Lot Size 0.572 Acres

Acres 0.57

Property Sub-Type Multi Family

Source recolorado

Property Description

The Block, located on “The Hill” in Boulder, CO, is a strategic investment in one of the nation's most lucrative multifamily
investment markets. Its location is the most desirable on the hill just a block from the CU campus and brand-new retail, restaurant, hotel, and conference center developments. This offering presents investors with a rare and compelling opportunity to
capitalize on the robust and ever-growing demand for student housing in a niche market with a very limited housing supply.
The Block comprises 3 properties on 1 parcel, each with its own unique appeal, totaling 63 bedrooms. 1005 14th, a new
construction building from 2018, boasts an underground parking garage. 1019 14th, a 20-bed property, features a Greek
organization master lease. 1027 14th is an 8-bed duplex with an additional carriage house. These properties have a strong rental history, with 0% vacancy, pre-leasing well in advance, and are already 100% pre-leased for the ‘26-'27 year. Boulder has seen average rent increases of over 6% for the past 15 years, underscoring the potential profitability of this investment. The city is renowned for its natural beauty, thriving tech scene, and prestigious educational institutions, including the University of
Colorado. Please reach out to Luke Salazar at 303-962-9534, LSalazar@PinnacleREA.com with any questions.

Location

State CO

County Boulder

Interior

Fireplace N

Exterior

Garage Spaces 35.0

Total Parking Spaces 35

Garage Yes

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Pinnacle Real Estate Advisors

Schools and Properties Nearby

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

Learn more about this property

1027 14th ST Boulder, CO 80302