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    1100 10th St

    Boulder, CO 80302
    • $2,925,000
    • STATUS: Active
    • ON SITE: 63 days
    • MLS #: 922601
    UPDATED: 55 min ago
    $2,925,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,779
      SQFT
    • $774
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Student Rental Investment. Duplex 3 lvls #A (Main, Up) 4Bd/2Ba, #B (Bsmt) 4Bd/ 1Ba. 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 in any combination with 1110, 1120, 1130 (all adjacent) & 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 available 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: 2020-10-31T17:37:35.223.
    www.homesinnortherncolorado.com/homes/109486143
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    1100 10th St Boulder, CO 80302

    • Price: $2,925,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 922601
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,779
    SQFT
    $774
    $/SQFT
    1911
    Built
    Neighborhood:
    University Terrace
    County:
    Boulder
    Area:
    01 Boulder City Limits
    Elementary School:
    Flatirons
    Middle School:
    Other
    High School:
    Boulder
    School District:
    Boulder Valley Dist Re2
    Property Description
    Student Rental Investment. Duplex 3 lvls #A (Main, Up) 4Bd/2Ba, #B (Bsmt) 4Bd/ 1Ba. 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 in any combination with 1110, 1120, 1130 (all adjacent) & 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 available by request.
    Exterior Features

    Construction Wood/FrameBrick/Brick VeneerStone Location Description Corner LotHouse Faces West Outdoor Features Patio Parking Per Unit 2 Spaces/Unit Property Styles 3 Story Property Views Back Range/Snow Capped Type Duplex Waterfront No

    Interior Features

    Basement Foundation Full BasementWalk-Out Basement Fireplaces Single Fireplace Heating Forced Air Inclusions Window CoveringsElectric Range/OvenDishwasherRefrigeratorClothes WasherClothes Dryer Unit1 Bedrooms 4 Unit2 Bedrooms 4

    Property Features

    Capitalization Rate 5.21 Common Amenities Common Laundry Energy Star Certified No Gross Operating Income 187852.0000 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 152670.0000 New Construction Status Not NewPreviously Owned New Financing CashConventionalFhaVa1031 Exchange Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 8718 Tenant Pays DepositGasElectricWaterSewerSite MaintenanceTrashParking Total Operating Expense 35182.0000 Utilities Natural GasElectricCable Tv Available 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: 2020-10-31T17:37:35.223.
     
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    Tracy's Team | RE/MAX Alliance
    750 W. Eisenhower Blvd.
    Loveland CO, 80537