Home Details for 1012 14th Street

The Unique Apartment Group is pleased to present 1012 14th Street, a 16-bedroom, 5-bathroom student housing investment property on University Hill in Boulder, Colorado. Steps from the CU Boulder campus and the retail, restaurant, and bar corridor that defines The Hill, the property sits in the most coveted student rental submarket in the state. Students gravitate to The Hill for the social scene and walkability, and demand consistently outpaces supply: University Hill is geographically landlocked and effectively built out, with zoning and topography that sharply limit new construction, while CU Boulder enrolls over 38,000 students against a persistent on-campus housing shortfall.The Hill submarket operates on a pre-leasing cycle: next year's leases are typically executed during the prior fall semester, giving ownership rare forward visibility into occupancy and rental income before the current term rolls. 1012 14th Street is currently leased to fraternity members, providing organizational lease guarantees and a built-in pipeline for future occupancy through the chapter's recruitment cycle. Annual rent step-ups are the submarket norm, and the 16-bed, 5-bath configuration suits the group lease model, reducing turnover friction and delivering a stabilized, hands-off cash flow profile.Ownership has also invested meaningfully in the asset over recent years, leaving a new buyer with minimal near-term capital exposure: in 2023, all bathrooms and the basement kitchen were renovated, the roof received extensive repair and shingle replacement, and new modified bitumen was installed on the flat roof section; in 2024, the PRV and expansion tank were replaced; and in 2025, interior paint and flooring were refreshed throughout.

• Utilities

  • Natural Gas Available
  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected

• Heating Information

  • Hot Water

• Water Features

  • Public

• Basement

  • Full