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1200 College Ave Unit 118, Boulder, CO 80302

Beds
3
Baths
2
Sqft
992

View property features, location on map, relevant school information and overview from seller's agent.

Listed byFour Star Rlty & Prop Mgmt
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Overview

Positioned in a prime Hill location, this townhouse-style condo in the desirable College Townhomes complex represents a premier investment opportunity in Boulder's most competitive student rental market. This turnkey property delivers immediate financial security, currently pre-leased through August 2, 2027, at an all in rate of $5,299 monthly, yielding an impressive 5.6% Cap Rate. The sophisticated layout optimizes rental appeal, featuring a main-level primary bedroom with direct access to a private balcony, a well-appointed kitchen with a functional bar-top, a comfortable living area, and a convenient guest half-bath. The lower level offers two additional garden-level bedrooms joined by a adjoining bathroom, providing an ideal configuration for student residents. Beyond the unit, owners and tenants benefit from one assigned off-street parking space, on-site laundry facilities, and inviting community common areas including a sun deck and picnic tables designed for the Boulder lifestyle. With long-term income stability already locked in for over a year, this is a rare chance to acquire a great asset on The Hill. Please view the available virtual tour to fully experience the layout and setting of this compelling investment opportunity.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of bedrooms
3
Number of bathrooms
2
Square feet
992
Year built
1968

Interior features

Basement
Yes

Utilities

Heating
Hot water, Baseboard
Water
Public

Estimated monthly costs

HOA Fees
$400

Taxes

Tax Annual Amount (2025)
$3,877

Public schools

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Sourced from: IRES MLS MLS®#: 1054785 Last checked:

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