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    1110 10th St

    Boulder, CO 80302
    • $2,600,000
    • STATUS: Active Under Contract
    • ON SITE: 97 days
    • MLS #: 922605
    Under Contract
    UPDATED: 206 min ago
    $2,600,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,156
      SQFT
    • $824
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Information

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

    Description

    Student Rental Investment. Duplex - 3 Lvls #A (Main, Bsmt)4Bd/2Ba #B (Upper) 4Bd/1Ba. One of 6 duplexes and 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) & 1164 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 8z Real Estate. Data last updated: 2020-12-03T23:37:59.603.
    frontrange.8z.com/homes/109488825
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    1110 10th St Boulder, CO 80302

    • Price: $2,600,000
    • Status: Active Under Contract
    • Updated: 206 min ago
    • MLS #: 922605
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,156
    SQFT
    $824
    $/SQFT
    1910
    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. Duplex - 3 Lvls #A (Main, Bsmt)4Bd/2Ba #B (Upper) 4Bd/1Ba. One of 6 duplexes and 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) & 1164 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 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 Basement Design Features Outside Entry Fireplaces Single Fireplace Heating Forced Air Inclusions Window CoveringsElectric Range/OvenGas Range/OvenDishwasherRefrigeratorClothes WasherClothes Dryer Unit1 Bedrooms 4 Unit2 Bedrooms 4

    Property Features

    Capitalization Rate 5.16 Energy Star Certified No Gross Operating Income 168253.0000 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 Backup Locale Boulder Nahb Certified No Net Operating Income 134329.0200 New Construction Status Not NewPreviously Owned New Financing CashConventional1031 Exchange Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 8460.98 Tenant Pays DepositGasElectricWaterSewerInterior MaintenanceSite MaintenanceTrashParking Total Operating Expense 33923.9800 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 8z Real Estate. Data last updated: 2020-12-03T23:37:59.603.
     
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    Boulder CO, 80305