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3 Beds
2 Baths
992 sqft

$790,000

1200 College Avenue Unit: 118, Boulder CO, 80302

Price per sqft$796.37
Built in1968
Property size992 sqft
Property typeCondominium

Overview

Active

Listed Sep 17, 2026

Updated 5 days ago

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 kitchen and bathrooms were renovated in August 2026, adding move-in-ready appeal and long-term value for tenants and owners alike. The lower level offers two additional garden-level bedrooms joined by an 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!

$5,256/mo

Est. mortgage payment based on a $790,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
IR1068867

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.01 Acres

Other Property Details

Taxes
$3,877
Tax Frequency
Annually
Association Fee Frequency
Monthly

Also listed on IRES

MLS provider logo
Listed by Four Star Rlty & Prop Mgmt, P Caldwell Sullivan, Listing Contact: 3034490064 
 

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