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The College 4 Multifamily Properties in Boulder, CO
INVESTMENT HIGHLIGHTS
- Rare Assemblage four ownership groups, in partnership with Marcus & Millichap’s Multi-Housing Division, present a unified 2.62-acre (114,082-SF) site.
- CMP Alignment: Fully consistent with CU’s 2021 Campus Master Plan vision for East Campus housing and mixed-use expansion.
- Existing Income Stream: Current operations generate stable income that offsets holding costs during entitlement and design phases.
- Prime Connectivity: Direct pedestrian access linking CU Boulder’s Main and East Campuses, less than 0.2 miles from major academic and campus.
- Limited Supply: Rare assemblage of privately owned parcels in CU’s East Campus growth zone amid a near-zero development pipeline.
- Flexible Development Path: Accommodates mid-rise apartments to purpose-built student residences, addressing upper-level and graduate housing demand.
EXECUTIVE SUMMARY
Marcus & Millichap has been retained as the exclusive investment advisor for The College, a 2.62-acre (114,082-square-foot) assemblage encompassing 91 units and 107 beds across four contiguous parcels at 2905–2985 E College Avenue. This unified offering delivers one of Boulder’s few privately controlled redevelopment sites adjacent to Colorado University (CU) Boulder’s campus.
Located within CU’s designated East Campus growth zone, the property directly aligns with the 2021 Campus Master Plan, which envisions East Campus evolving into a mixed-use academic district with expanded housing, dining, and student-life amenities. The plan calls for 4,000–6,000 additional beds, primarily for upper-level and graduate students — reinforcing long-term demand for purpose-built housing in this location.
College Avenue is rapidly emerging as the main pedestrian and micro-mobility corridor linking Main and East Campus. Recent city and CU improvements — dual bike lanes, enhanced walkways, and new underpasses at 28th and 30th Streets — provide direct connectivity. The site also benefits from immediate access to Pearl Street, the 29th Street Mall, and multiple CU transit routes.
Local planning officials highlight this stretch of College Avenue as one of the very few remaining private parcels capable of supporting CU’s next phase of growth. Early control of this land positions a developer to align with the university’s long-term expansion trajectory.
Zoned RH-5, the site allows up to five stories with realistic potential for additional height and density based on ongoing city and university discussions.
The College offers an irreplaceable land position in Boulder’s student-housing core — a rare opportunity to deliver scale in a tightly constrained market directly adjacent to one of the nation’s top public universities.
Located within CU’s designated East Campus growth zone, the property directly aligns with the 2021 Campus Master Plan, which envisions East Campus evolving into a mixed-use academic district with expanded housing, dining, and student-life amenities. The plan calls for 4,000–6,000 additional beds, primarily for upper-level and graduate students — reinforcing long-term demand for purpose-built housing in this location.
College Avenue is rapidly emerging as the main pedestrian and micro-mobility corridor linking Main and East Campus. Recent city and CU improvements — dual bike lanes, enhanced walkways, and new underpasses at 28th and 30th Streets — provide direct connectivity. The site also benefits from immediate access to Pearl Street, the 29th Street Mall, and multiple CU transit routes.
Local planning officials highlight this stretch of College Avenue as one of the very few remaining private parcels capable of supporting CU’s next phase of growth. Early control of this land positions a developer to align with the university’s long-term expansion trajectory.
Zoned RH-5, the site allows up to five stories with realistic potential for additional height and density based on ongoing city and university discussions.
The College offers an irreplaceable land position in Boulder’s student-housing core — a rare opportunity to deliver scale in a tightly constrained market directly adjacent to one of the nation’s top public universities.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 58,655 SF |
| Number of Properties | 4 | Total Land Area | 2.62 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 58,655 SF |
| Total Land Area | 2.62 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2905-2915 E College Ave, Boulder, CO 80303 | Multifamily | 28,544 SF | 1958 | - |
| 2975-2985 College Ave, Boulder, CO 80303 | Multifamily | 11,233 SF | 1960 | - |
| 2955 E College Ave, Boulder, CO 80303 | Multifamily | 10,091 SF | 1958 | - |
| 2935 COLLEGE, Boulder, CO 80303 | Multifamily | 8,787 SF | 1963 | - |
SALE ADVISOR
SALE ADVISOR
Matt Berk, Associate Investments
Born and raised in Colorado, Matthew grew up in a close-knit family with two younger brothers, growing up in a competitive environment. By age 13, he was already managing his family’s investment portfolio & at 19, Matt purchased his first investment property, managing it independently for three years.
Matthew graduated with a degree in Real Estate and Finance from Colorado State University. During college, he worked as a leasing agent for CA Ventures, quickly becoming the top agent within six months at a Class-A student housing facility. Outside of work, Matthew remains active & enjoys anywhere in Summit & Grand County.
Matthew graduated with a degree in Real Estate and Finance from Colorado State University. During college, he worked as a leasing agent for CA Ventures, quickly becoming the top agent within six months at a Class-A student housing facility. Outside of work, Matthew remains active & enjoys anywhere in Summit & Grand County.
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