Log In/Sign Up
Your email has been sent.
1057 13th St
Boulder, CO 80302
80inBoulder · Multifamily Property For Sale
·
35 Units


Investment Highlights
- IRREPLACEABLE HILL LOCATION WITH SEVERE SUPPLY CONSTRAINTS
- SIGNIFICANT BELOW-MARKET RENT UPSIDE
- THE HILL — BOULDER'S PREMIER STUDENT NEIGHBORHOOD
- INSULATED DEMAND FROM CU BOULDER'S RECORD GROWTH
- RARE PORTFOLIO SCALE IN A FRAGMENTED MARKET
- SHRINKING SUPPLY MEETS ACCELERATING DEMAND
Executive Summary
80 in Boulder presents a rare opportunity to acquire a six-property, 80-bed multifamily portfolio in the heart of University Hill and Goss Grove — two of Boulder’s most supply-constrained and sought-after student housing submarkets. Situated steps from the University of Colorado Boulder campus, the portfolio benefits from the unmatched walkability of The Hill, where the iconic 13th Street corridor anchors one of the most vibrant commercial districts in the state. With panoramic Flatiron Mountain views, direct access to Chautauqua Park, proximity to Pearl Street Mall, and comprehensive transit connectivity, this location offers a living experience unrivaled by any competing submarket. The portfolio spans 35 units across 30,487 square feet on 1.29 acres, governed by highly restrictive zoning designations — that severely limit new development and insulate the existing housing stock from competitive supply.
Demand fundamentals have never been stronger. CU Boulder received a record 68,000 applications for Fall 2024 — a 20% year-over-year surge — while maintaining a 90% retention rate that ensures a deep, self-renewing tenant pool insulated from the enrollment headwinds affecting peer institutions nationwide. Properties on The Hill experience zero vacancy, with leases for the following academic year consistently secured by the end of October. Current rents sit meaningfully below market across the majority of the portfolio’s unit types, presenting substantial organic income growth without the need for capital-intensive repositioning. This convergence of institutional-quality demand, structurally constrained supply, and embedded rent upside makes 80 in Boulder a generational acquisition opportunity in one of the nation’s most resilient student housing markets.
Demand fundamentals have never been stronger. CU Boulder received a record 68,000 applications for Fall 2024 — a 20% year-over-year surge — while maintaining a 90% retention rate that ensures a deep, self-renewing tenant pool insulated from the enrollment headwinds affecting peer institutions nationwide. Properties on The Hill experience zero vacancy, with leases for the following academic year consistently secured by the end of October. Current rents sit meaningfully below market across the majority of the portfolio’s unit types, presenting substantial organic income growth without the need for capital-intensive repositioning. This convergence of institutional-quality demand, structurally constrained supply, and embedded rent upside makes 80 in Boulder a generational acquisition opportunity in one of the nation’s most resilient student housing markets.
Property Facts
| Price Per Unit | $999,430 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.25% | Lot Size | 1.29 AC |
| Gross Rent Multiplier | 14.4 | Building Size | 30,487 SF |
| No. Units | 35 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Price Per Unit | $999,430 CAD |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| Gross Rent Multiplier | 14.4 |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 30,487 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | $1,980 CAD | 376 |
| 1+1 | 2 | $3,126 CAD | 493 |
| 2+1 | 4 | $4,550 CAD | 869 |
| 2+2 | 3 | $6,251 CAD | 1,225 |
| 3+1 | 3 | $6,182 CAD | 1,084 |
| 3+2 | 3 | $6,460 CAD | 894 |
| 4+1 | 4 | $7,918 CAD | 1,458 |
| 4+2 | 3 | $8,231 CAD | 1,219 |
| 6+2 | 1 | $15,906 CAD | 2,420 |
Property Taxes
| Parcel Number | 1463313-39-011 | Improvements Assessment | $99,897 CAD |
| Land Assessment | $155,160 CAD | Total Assessment | $255,057 CAD |
Property Taxes
Parcel Number
1463313-39-011
Land Assessment
$155,160 CAD
Improvements Assessment
$99,897 CAD
Total Assessment
$255,057 CAD
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
