Sold
1134 10th Street Bldg , Unit
See all 40 Photos Sold Boulder, CO 80302
MLS# IR922663
Sold by Amy LaBorde on 10/14/2020
Multi-Family Property Type
0 Bedroom
0 Bathroom
0 Garage
3024.00 Sq Ft
0.15 Acres
1907 Year Built
Overview
Student Rental Investment Portfolio. Triplex 3 Lvls, Bsmt, Main, Upper, 1 unit/fl, 3Bd/1Ba Ea. 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 10%), 100% occupancy rate. Rented through Aug 2021, will be pre-leased for Aug 2021-22 by October 2020. Being sold separately or combined with 1100, 1110, 1120, 1130, (all adjacent) & 1164 10th St. Mgmt team in place. Major capital improvements include newer hail resistant roofs (~2012), new main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model incl 4 sources of income w/little to no advertising. Portfolios like this are rarely available in Boulder. Limited showing windows M,W,F 3-4pm only.
New Home Sales Hours
Courtesy Of RE/MAX Alliance on Walnut
Source: IRES
Upcoming Open Houses
Virtual Open Houses
Features
Leasing Information
Leasing Details
- Application Fee $
- Availability Date
- Corporate Rental?
- Deposits Potentially Refundable
- Existing Lease Type
- Lease Amount $
- Lease Description
- Lease Duration
- Liability Insurance Required
- Owner Pays
- Rent Deposit
- Rental Application
- Security Deposit $
Pet Details
- Pet Deposit
- Pet Rent
- Pets Allowed
Interior Features
Summary
- Year Built Effective
Basement Details
- Basement? Yes
- Basement Full,Walk-Out Access
- Basement Ceiling Height
Fireplace Detail
- Fireplace Features
- No. of Fireplaces
Square Foot Details
- SqFt 3,024
- Living Area, Finished
- Above grade, Finished
- Basement, Finished
- Basement, Unfinished
- PSF Total $
- PSF Finished $
- PSF Above Grade $
Use details
- Leaseable Area
- Office Area
- Retail Area
- Warehouse Area
Other
- Accessibility Features
- Appliances Dishwasher,Dryer,Oven,Refrigerator,Washer
- Building Class
- Building Features
- Ceiling Height
- Common Walls
- Exclusions
- Flooring
- Furnished
- Interior Features
- Laundry Availability
- Security Features
- Spa Features
- Window Features
Room Details
Bathroom Details Total Bathrooms:
- Full Baths 1/2 Baths 1/4 Baths 3/4 Baths
- Total Bathrooms
Bathroom Location Details
- Main Level Upper Level Lower Level Basement
Bedroom Location Details Total Bedrooms:
- Main Level Upper Level Lower Level Basement
- 0 0 0 0
More Room Details
- Room Level Room Type Room Description Room Width Room Length
Unit Information
Summary
- Number of Units 3
- Number of Units Furnished
- Number of Units Vacant
- Unit Features
Single Unit Details
- Unit Type 3 Bedroom
- Total Units
- Average Rent
- Average SqFt 1120.00
- Dishwashers
- Washers
- Dryers
- Hookups
- Refrigerators
- Stoves
- Air Conditions
- Fireplaces
- Storage Units
- Description
- Actual Rent
- Total Rent
- Bedrooms Per Unit 3
- Bathrooms per Unit 1
- Parking Per Unit 2
- Unit Type 3 Bedroom
- Total Units
- Average Rent
- Average SqFt 1120.00
- Dishwashers
- Washers
- Dryers
- Hookups
- Refrigerators
- Stoves
- Air Conditions
- Fireplaces
- Storage Units
- Description
- Actual Rent
- Total Rent
- Bedrooms Per Unit 3
- Bathrooms per Unit 1
- Parking Per Unit 2
- Unit Type 3 Bedroom
- Total Units
- Average Rent
- Average SqFt 784.00
- Dishwashers
- Washers
- Dryers
- Hookups
- Refrigerators
- Stoves
- Air Conditions
- Fireplaces
- Storage Units
- Description
- Actual Rent
- Total Rent
- Bedrooms Per Unit 3
- Bathrooms per Unit 1
- Parking Per Unit 2
Exterior/Lot Features
Summary
- Available Elevations
- Entry Location
- Faces West
- Horse Amenities
- Horse Property
- Levels Three Or More
- Stories
- Structure Type
- Unit Floor #
- View Mountain(s)
Builder Details
- Builder
- Completion Time From Groundbreaking
- Model Type
Construction details
- Architecture
- Construction Materials Brick,Stone,Wood Frame
- Foundation Details
- Roof Composition
Exterior Details
- Dock Features
- Door Features
- Exterior Features Balcony
- Fencing
- Number of Docks
- Number of Doors
- Number of Storage Units
- Other Equipment
- Other Structures
- Patio And Porch Features Deck
- Pool Features
- Ski Features
Livable Structure Details
- Type Bedrooms Bathooms Sq Ft Flooring Description
Lot Details
- Acres Leased
- Crop Acres
- Cultivated Acres
- Features
- Irrigated Acres
- Lot Number
- Lot Size Acres 0.15
- Lot Size Dimensions
- Lot Size SqFt 6,413
- Sq Ft
- Pasture Acres
- Price Per Acre $19,500,000
- Vegetation
- Waterfront Features
Mobile Details
- Make
- Model
- Body Type
- Exterior Dimensions x
- Skirt
Outbuilding details
Road details
- Access
- Road Responsibility
- Road Surface
Parking/Garage
Parking Space Summary
- Parking Features
- Total Parking Spaces 7
- Garage Spaces
- Total Carport Spaces
- Total Offstreet Spaces
- Total Reserved Spaces
- Total RV Spaces
Parking Space Details
Utilities & Green Home Features
Summary
- Cooling
- Green Energy Efficient
- Heating Forced Air
- HVAC Description
Green Ratings
- Green Certification Level Certified Year Certified Score
Power Production Details
- Type Size Year Installed Ownership Lease Amount Purchase Agreement Amount
Sewer
- Sewer Public Sewer
- Sewer Fee
- Sewer Tap Paid YN 0
Utilities details
- Electric Service
- Gas Tap Fee
- Gas Tap Paid YN
- Utilities Cable Available,Electricity Available,Natural Gas Available
Water / Well
- Irrigation Source
- Issued Well Permit Numbers
- Water Available
- Water Source Public
- Well Type
- Well Usage
- Water Fees
- Water Tap Paid? 0
- Water/Mineral Rights
Association Information
HOA Summary
- Amenities Completed
- Amenities Opening
- Association Amenities
- Association(s) No
- HOA Fee Includes
- Total Annual HOA Fees $
Financial Considerations
Summary
- Cap Rate 5.06
- Cap Rate Calculation
Actual expense details
- Operating Expense $27167.00
Commission Information
- Buyer Agency Compensation
- Compensation Offered
- Dual Variable Compensation No
- Commission Modified
- Closing Comments
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Income details
- Actual Annual Net Income $-13,352
- Gross Income $13,815
- Income Includes Parking,Rent Only
- Income Includes Description
Landleasing details
- Land Lease Amount
- Land Lease Amount Frequency
- Land Lease?
Projected
- Other Annual Income $
- Potential Rental Income Annual $
- Projected Annual Expense $
- Projected Annual Net Income $
- Projected Gross Income $
- Projected Gross Operating Income $175,318
- Projected Gross Scheduled Income $
- Vacancy Credit Losses
Tax details
- Annual Tax $7,744
- Legal Description LOT 9 & S 1/2 LOT 8 & N 1/2 LOT 10 BLK 3 UNIVERSITY TERRACE
- Tax Exemptions
- Tax ID R0003811
- Tax Year 2019
Other
- Tenant Pays Electricity,Gas,Grounds Care,Trash Collection,Water
- Utilities Metering
- Utilities Paid By Tenant
Neighborhood
Summary
- Building Name
- Development Name
- Park Name
- Senior Community No
- Subdivision University Terrace
New Home Community
- Community Description
- Community MLS #
- Community Name
- Community Opening
- Community Website
- Current Promotions
- Development Status
- Directions from Agent From Broadway, west on college, North on 10th btwn college & Pennsylvania on 10th.
- Move In Date
- New Home Available Options
- New Home Land MLS #
- New Home Plan MLS #
Zoning Details
- Current Use
- Incorporated? No
- Zoning HDRE
- Zoning Jurisdiction
Other
Business Details
- Business Amenities
- BusinessDescription
- BusinessType
- Year Established
History
- Original List Price $2,925,000
Partial Ownership Details
- Partial Ownership Amount
- Week Remarks
- Weeks Available
Other
- Home Warranty
- Ownership Individual
- Possession Closing/DOD,Rental Agreement
- Special Listing Conditions
- Year Built 1907
This REALTOR? is a member of the National Association of REALTORS?
RE/MAX Alliance on Walnut
BUYER AGENT
Eric Thompson
WRE Windsor
Mortgage Calculator
School Zone
District: Boulder Valley RE 2
Schools: Flatirons Elementary School, Boulder High School, Other Middle School
Area Map
Walk Score
Bike Score
0
description
Transit Score
0
description
summary
Walk Score
0
description
Demographics
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Multi-Family 2 /properties/Listing_2010463269+1134+10th+Boulder+CO+80302-recolorado2010463269.html
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