1090 11th St - Apartments FOR SALE


Boulder, CO 80302- University Hill
$5,000,000 USD
303-489-1050
1090 11th St, Boulder, CO for Sale
$5,000,000 USD
Apartments - FOR SALE
1/25
null | 2.56% Cap Rate

1090 11th St
Boulder, CO 80302
University Hill


HIGHLIGHTS

  • Ideal University Hill location
  • Almost never vacant
  • Unique investment opportunity for Boulder

OVERVIEW

Rare and unique investment opportunity! 1090 11th Street is a charming, 13-unit student housing building originally built in 1923. It is ideally located at the corner of 11th St and College Ave, right in the heart of University Hill. There are 10 one-bedroom units, one studio, and two two-bedroom units on the top floor. The units are quite spacious for student rentals, each with its own bathroom, kitchen, living area, and separate storage space. The kitchens all have gas ranges, refrigerators, and sinks with garbage disposals. The bathrooms all have tub showers (except for the basement studio, which has a shower) and porcelain sinks and toilets. The units feature a mixture of hardwood floors, carpet, tile, and wood laminate. Radiant heat is in each unit, and tenants can install A/C window units. Appointment required for all showings. Contact listing agent for more details.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$537 USD /SF

# OF UNITS

13

PRICE/UNIT

$384,615

CAP RATE

2.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RL-1

APN/PARCEL ID

1463313-07-001

ASK ABOUT THIS PROPERTY

Jay KalinskiRE/MAX ElevateMore Info
303-489-1050

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Jay KalinskiRE/MAX ElevateMore Info
303-489-1050

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