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Home » Real Estate » CO » Boulder » 80302 » 1200 College Ave, #118, Boulder, CO, 80302
$790,000

1200 College Ave, #118, Boulder, CO, 80302

3 Beds
2 Baths
992 Square Feet
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.
Offered By
P Caldwell Sullivan, Four Star Rlty & Prop Mgmt

Property Details

Property Type Residential
Status Active
Bedrooms 3
Bathrooms (Full) 1
Property Sub Type Condominium
Square Feet 992
MLS # 1054785
Bathrooms (Half) 1

Market Trends

New Properties On Market
63
Average Asking Price
$2,026,065
Average Asking Price / Sq. Ft.
$601
Average Days On Market
21
Data as of Apr 30, 2026. Remaining statistics above are calculated on activity within the period from Mar 01, 2026 to Mar 31, 2026.

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