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1138-1140 PLEASANT STREET | BOULDER | FOR SALE

1138-1140 PLEASANT STREET | BOULDER | FOR SALE

PLEASANT INVESTMENT

Welcome to 1138-1140 Pleasant Street, an investment opportunity with a stellar location. This property is just steps away from CU Campus, the new Hill Hotel, and popular entertainment venues and restaurants. The front house has a great porch, 6 beds and 2 bathrooms. The separate cottage in the back has 2 beds and 1 bath.. The property is leased through the 2024-2025 school year at great rates. Reach out for financials.

OFFERING TERMS:

Size: 2,707 SF (2 Units | 8 Beds)

Offered at: $2,750,000

Cap Rate: 4.75%

Property Type: MUH

Property Highlights

Exceptional location on University Hill
6 Bedroom house upfront
2 Bedroom carriage house in back
Classic Boulder Curb Appeal and character
Gross Income for 24-25 School Year: $171,000
Projected NOI: $131,000

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