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    1164 10th St

    Boulder, CO 80302
    • $2,925,000
    • STATUS: Active
    • ON SITE: 91 days
    • MLS #: 922355
    UPDATED: 10 min ago
    $2,925,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,180
      SQFT
    • $920
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

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

    Description

    Student Rental Investment. Triplex, 3 lvls, 3bd/1ba on each lvl. One of 6 duplexes & 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 as a package with 1100, 1110, 1120, 1130 (all adjacent) 10th St. Management team in place. Major capital improvements include newer 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 J2 Real Estate Group at Remax Alliance. Data last updated: 2020-11-27T14:37:37.713.
    www.thedanielsgrouprealestate.com/homes/109423526
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    1164 10th St Boulder, CO 80302

    • Price: $2,925,000
    • Status: Active
    • Updated: 10 min ago
    • MLS #: 922355
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,180
    SQFT
    $920
    $/SQFT
    1920
    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. Triplex, 3 lvls, 3bd/1ba on each lvl. One of 6 duplexes & 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 as a package with 1100, 1110, 1120, 1130 (all adjacent) 10th St. Management team in place. Major capital improvements include newer 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 House Faces West Outdoor Features BalconyPatio 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 Heating Forced Air Inclusions Window CoveringsGas Range/OvenDishwasherRefrigeratorClothes WasherClothes Dryer Unit1 Bedrooms 3 Unit2 Bedrooms 3 Unit3 Bedrooms 3

    Property Features

    Capitalization Rate 5.38 Energy Star Certified No Gross Operating Income 188288.0000 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 157481.0000 New Construction Status Not NewPreviously Owned New Financing CashConventionalFhaVa Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 9802 Tenant Pays DepositGasElectricWaterSewerInterior MaintenanceSite MaintenanceTrashParking Total Operating Expense 30807.0000 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 J2 Real Estate Group at Remax Alliance. Data last updated: 2020-11-27T14:37:37.713.
     
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