$18,420,000
Active
23,162
SqFt
1946
Built
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 ‘26-’27 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.
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 ‘26-’27 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.
SAVINGS CALCULATOR
$368,400
If listed with 1 Percent Lists
Estimated savings vs. a traditional 3% listing commission.
MORTGAGE CALCULATOR
$93,142
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$18,420,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)23,162 sqft
Lot Size0.57 Acres
Year Built1946
MLS® NumberN/A
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
Listing courtesy of Pinnacle Real Estate Advisors (jknowlton@pinnaclerea.com,303-962-9543)
Comps
An estimate is not available for this listing.
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