1027 14th Street Boulder, CO $ 21,500,000
1027 14th Street
$ 21,500,000
New Construction
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1027 14th Street

Boulder, CO, 80302
$ 21,500,000
Bedrooms-- Baths-- Sq 23,162

Monthly Estimate*

$ 134,132

Listed by Pinnacle Real Estate Advisors
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Commercial Property for sale in Boulder, CO

for $21,500,000. This 23,162 square foot building was built in 1946 on a lot size of 0.57.

The Block, located on “The Hill” in Boulder, CO, is a strategic investment in one of the nation’s most lucrative multifamily investment markets. Its location is the most desirable on the hill just a block from the CU campus and brand-new retail, restaurant, hotel, and conference center developments. This offering presents investors with a rare and compelling opportunity to capitalize on the robust and ever-growing demand for student housing in a niche market with a very limited housing supply. The Block comprises 3 properties on 1 parcel, each with its own unique appeal, totaling 63 bedrooms. 1005 14th, a new construction building from 2018, boasts an underground parking garage. 1019 14th, a 20-bed property, features a Greek organization master lease. 1027 14th is an 8-bed duplex with an additional carriage house. These properties have a strong rental history, with 0% vacancy, pre-leasing well in advance, and are already 100% pre-leased for the '25-’26 year. Boulder has seen average rent increases of over 6% for the past 15 years, underscoring the potential profitability of this investment. The city is renowned for its natural beauty, thriving tech scene, and prestigious educational institutions, including the University of Colorado. Please reach out to Luke Salazar at 303-962-9534, LSalazar@PinnacleREA.com with any questions.

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Commercial Active

Price

$ 21,500,000

Property Type

Commercial

Taxes

$ 114,160

Style

Lot Size

0.57

Year Built

1946

Town/City

Boulder

County/Region

Boulder

MLS | Web ID

3489912

Features
General
Sewer Public Sewer
Garage Spaces 35
Year Built 1946
Property Subtype Multi Family
Tax Year 2023
Current Use Multi-Family
Gross Income 1526906
Building Name The Block
County Boulder
Operating Expense 431018
Property Type Commercial Sale
Attached Garage Y
Status Active
City Boulder
Number Of Units Total 63
Lot Size Units Square Feet
Lot Size Square Feet 24900
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 114160
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.76
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Exterior
Water Source Public
Total Parking 35
Lot Size Area 24900
Building Area Total 23162
Lot Size Acres 0.57
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Internal Only
Street Number 1 1027
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9543

Phone

Affordability Calculator

$143,645
Per Month
93%
7%
0%
Monthly Principal & Interest
$134,132
Monthly Property Taxes
$9,513
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2025$21,500,000 Listed Price

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1027 14th Street, Boulder, CO, 80302 is a Commercial Property for sale at $21,500,000 with 23,162 sqft and a lot size of 0.57. 1027 14th Street was built in 1946. The property's zip code is 80302 which is in Boulder, CO