Income Property
1164 10th St, Boulder, Colorado 80302
3,180 Sqft
$2,925,000
Property Description
Student Rental Investment. Triplex, 3 lvls, 3bd/1ba on each lvl. One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.
Income
5.39
$187,767
$157,779
3
$29,988
Facts and Features
: Forced Air
Re/max Alliance On Walnut
161
161
From Broadway, West on college, N on 10th, Btwn College & Pennsylvania on 10th.
Flatirons
: Walk-out Basement, Full Basement
: Stone, Wood/frame, Brick/brick Veneer
: Dishwasher, Window Coverings, Gas Range/oven, Refrigerator, Clothes Washer, Clothes Dryer
: House Faces West
: Cash, Conventional, Fha, Va
Boulder
Other
Boulder Valley Dist RE2
: Patio, Balcony
: Multi Family
2 Spaces/Unit
: 3 Story
: Duplex
: Natural Gas, Electric, Cable Tv Available
RH-5
No
01.16.2021 11:06:00
2019
9802
Features
: Back Range/snow Capped
Basic Details
Property Type : Income Property
Price : $2,925,000
Total Square Feet : 3,180 Sqft
Year Built : 1920
Subdivision : University Terrace
Zipcode : 80302
Listing Status : Active
Listing SubStatus ID : Under Contract
Lot Size : 7,020 Sqft
