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- LoopNet Team
1225 College Ave
Boulder, CO 80302
Three Oaks Apartments & 13th Street Retail · Multifamily Property For Sale · 7 Units
Investment Highlights
- Premier University of Colorado - Boulder Location
- Iconic Property w/100% Occupancy and Recent Renovation
- Affluent Boulder, CO Demographics
- Primary CU Retail & Entertainment District
- High-Growth Boulder, CO Market
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 6,621 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1896/2016 |
| Building Class | C | Parking Ratio | 0.76/1,000 SF |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,621 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1896/2016 |
| Parking Ratio | 0.76/1,000 SF |
About 1225 College Ave , Boulder, CO 80302
The Property is immediately adjacent to the University of Colorado - Boulder Campus and benefits from the large student body and economic impact that institution has on the Boulder Community. Founded in 1876, CU boasts over 32K students, an endowment of over $1.36 billion, and an estimated economic impact of $12.35 billion on the City of Boulder. Located just 35 miles northwest of Denver, Boulder’s economy and population have been growing rapidly over the past several decades and is highlighted by 30% population growth since 1990. Additionally, the local economy has outpaced the national average in most key indicators, including Unemployment Rate (2.6% vs. 3.9%), Recent Job Growth (2.7% vs 1.6%) and Future Job Growth (44.4% vs 33.5%). Accordingly, market rent in this location has grown for the past 30 quarters, including growth at or above 3.5% in 15 of the last 20 quarters.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
| 2+2 | 1 | - | - |
| 3+4 | 1 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $190,943 | |
| Land Assessment | $135,144 | Total Assessment | $326,087 |
PROPERTY TAXES
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