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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.

Property Facts

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

Property Taxes

Parcel Number
1463313-39-011
Land Assessment
$155,160 CAD
Improvements Assessment
$99,897 CAD
Total Assessment
$255,057 CAD
  • Listing ID: 39869479

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 1057 13th St, Boulder, CO 80302

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