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House
·
for sale
USD 3,310,000
1139 12th Street
Sunshine, Bald Mountain CCD Boulder County Colorado
· House
Sunshine, Bald Mountain CCD Boulder County Colorado · House
The Unique Apartment Group is pleased to present 1139 12th Street, a 10-bed, 5-bath student housing investment on University Hill in Boulder, Colorado, steps from the CU Boulder campus and The Hill's retail, restaurant, and bar corridor. Demand consistently outpaces supply in this submarket: University Hill is geographically landlocked and largely built out, with zoning and topography sharply limiting new construction, while CU Boulder enrolls over 38,000 students against a persistent on-campus housing shortfall. The Hill operates on a pre-leasing cycle, with next year's leases typically executed the prior fall. Giving ownership rare forward visibility into occupancy and income. The property is currently leased as a satellite house to a fraternity chapter, providing an organizational lease guarantee and a built-in occupancy pipeline through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the group lease configuration reduces turnover friction for a sta
The Unique Apartment Group is pleased to present 1139 12th Street, a 10-bed, 5-bath student housing investment on University Hill in Boulder, Colorado, steps from the CU Boulder campus and The Hill's retail, restaurant, and bar corridor. Demand consistently outpaces supply in this submarket: University Hill is geographically landlocked and largely built out, with zoning and topography sharply limiting new construction, while CU Boulder enrolls over 38,000 students against a persistent on-campus housing shortfall. The Hill operates on a pre-leasing cycle, with next year's leases typically executed the prior fall. Giving ownership rare forward visibility into occupancy and income. The property is currently leased as a satellite house to a fraternity chapter, providing an organizational lease guarantee and a built-in occupancy pipeline through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the group lease configuration reduces turnover friction for a sta
USD 3,310,000