




1200 College Ave #118, Boulder, CO, 80302
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1968
Materials
- Roof: Metal,Rubber
- Construction materials: Brick
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Range,Dishwasher,Refrigerator
Basement
- Has basement: Yes
- Basement: Full
Bedroom2
- Level: Basement
- Area: 120
- Dimensions: 12 x 10
Bedroom3
- Level: Basement
- Area: 120
- Dimensions: 12 x 10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Eat-in Kitchen
- Finished area below ground: 496
- Finished area above ground: 992
Heating
- Heating features: Hot Water,Baseboard
Interior Area
- Total structure area: 1,488
- Total interior livable area: 992 sqft
Kitchen
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Living Room
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Primary Bedroom
- Features: Shared Primary Bath
- Level: Main
- Area: 126
- Dimensions: 14 x 9
Property
Details
- Parcel number: R0103384
- Attached to another structure: Yes
- Zoning: RH-5
- Special condition: Private Owner
- Exclusions: Tenants personal belongings.
Features
- Levels: Bi-Level,Two
- Stories: 2
- Exterior features: Balcony
Lot
- Features: Corner Lot,Paved,Curbs,Sidewalks
Parking
- Parking features: None
