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    1100 10th St

    Boulder, CO 80302
    • $13,975,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: 922391
    UPDATED: 55 min ago
    $13,975,000
    • 0
      BEDS
    • 0.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Student Rental Investment Portfolio. Pre-leased through Aug 2022. 4 duplexes and 1 triplex 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. Being sold separately or in any combination with 1100, 1110, 1120, 1130 & 1164 10th St. Management team in place. Major capital improvements include newer hail resistant roofs (~2012), new 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 by request.

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    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tracy's Team | RE/MAX Alliance. Data last updated: 2020-10-24T09:37:33.2.
    www.homesinnortherncolorado.com/homes/109433411
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    1100 10th St Boulder, CO 80302

    • Price: $13,975,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 922391
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.7
    Acres
    1907
    Built
    Neighborhood:
    University Terrace
    County:
    Boulder
    Area:
    01 Boulder City Limits
    Property Description
    Student Rental Investment Portfolio. Pre-leased through Aug 2022. 4 duplexes and 1 triplex 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. Being sold separately or in any combination with 1100, 1110, 1120, 1130 & 1164 10th St. Management team in place. Major capital improvements include newer hail resistant roofs (~2012), new 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 by request.
    Exterior Features

    Construction Wood/FrameBrick/Brick VeneerStone Location Description Corner Lot Property Views Back Range/Snow Capped Waterfront No

    Interior Features

    Basement Foundation Full BasementWalk-Out Basement Cooling Window A/C Units Heating Forced Air

    Property Features

    Capitalization Rate 5.3 Commercial Industrial Type Other Commerical Energy Star Certified No Gross Operating Income 900078.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Boulder Nahb Certified No Net Operating Income 740774.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional1031 Exchange Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 44134 Tenant Pays DepositGasElectricWaterSewerInterior MaintenanceSite MaintenanceTrashParking Total Operating Expense 159304.0000 Utilities Natural GasElectric Zoning Rh-5

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Amy Laborde of Re/Max Alliance On Walnut.



    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tracy's Team | RE/MAX Alliance. Data last updated: 2020-10-24T09:37:33.2.
     
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    Tracy's Team | RE/MAX Alliance
    750 W. Eisenhower Blvd.
    Loveland CO, 80537