1012 14th, Boulder, CO 80302
1012 14th, Boulder, CO 80302
1012 14th, Boulder, CO 80302
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$4,670,000
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5,068 SqFt
Pending

1012 14th Boulder, CO 80302

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Chris Mullenberg

Chris Mullenberg

+1(970) 413-1589

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 5,068 sqft

Subdivision University Place

MLS Listing ID IRE1067391

HOA Y/N No

Year Built 1910

Annual Tax Amount $23,563

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Source ires

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

Community University Place

Area Boulder

Zoning RH-5

Rooms

Basement Full

Interior

Heating Hot Water

Appliance No Units Furnished

Exterior

Utilities Available Natural Gas Available, Electricity Available, Master Meter-Electric, Master Meter-Gas

View Y/N No

Roof Type Composition

Improvements No

Garage No

Building

Water Public

Level or Stories Three Or More

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Boulder Community

Middle Schools Other

High Schools Boulder Valley Dist Re2

School District Boulder Valley Dist Re2

Others

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Philip Dankner

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Chris Mullenberg
Chris Mullenberg

Agent License ID: FA100054438

+1(970) 413-1589 | chris@mullenbergteam.com

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1012 14th