1200 College Ave Unit 118 Boulder, CO 80302
University Hill NeighborhoodEstimated payment $5,103/month
Highlights
- 1.01 Acre Lot
- Corner Lot
- Living Room
- Flatirons Elementary School Rated A
- Balcony
- 2-minute walk to Beach Park
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 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!
Listing Agent
Four Star Rlty & Prop Mgmt Brokerage Phone: 3034490064 License #40031949 Listed on: 09/17/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,877
Year Built
- Built in 1968
HOA Fees
- $400 Monthly HOA Fees
Home Design
- 2-Story Property
- Rubber Roof
- Metal Roof
Interior Spaces
- 992 Sq Ft Home
- Living Room
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Flatirons Elementary School
- Manhattan Middle School
- Boulder High School
Utilities
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Balcony
- Paved or Partially Paved Lot
Listing and Financial Details
- Assessor Parcel Number R0103384
Community Details
Overview
- Association fees include common amenities, trash, snow removal, management, utilities, exterior maintenance
- College Townhomes Association, Phone Number (303) 402-6900
- College Twnhs Condos Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Breed Restrictions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,877 | $43,316 | $43,316 | |
| 2025 | $3,877 | $43,316 | $43,316 | |
| 2024 | $3,307 | $39,813 | $39,813 | |
| 2023 | $3,247 | $36,736 | $40,421 | |
| 2022 | $3,045 | $31,984 | $0 | $31,984 |
| 2021 | $2,907 | $32,904 | $0 | $32,904 |
| 2020 | $2,656 | $30,516 | $0 | $30,516 |
| 2019 | $2,616 | $30,516 | $0 | $30,516 |
| 2018 | $2,388 | $27,547 | $0 | $27,547 |
| 2017 | $2,314 | $30,455 | $0 | $30,455 |
| 2016 | $2,337 | $26,992 | $0 | $26,992 |
| 2015 | $2,213 | $23,132 | $0 | $23,132 |
| 2014 | $1,989 | $23,132 | $0 | $23,132 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2026 09/17/26 | For Sale | $790,000 | -- | $796 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $254,000 | First Colorado Title | |
| Warranty Deed | $250,000 | First American Heritage Titl | |
| Warranty Deed | $214,000 | First American Heritage Titl | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $101,500 | -- | |
| Warranty Deed | $79,000 | -- | |
| Deed | $76,900 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,500 | Unknown | |
| Previous Owner | $200,000 | Negative Amortization | |
| Previous Owner | $207,580 | FHA |
Source: IRES MLS
MLS Number: IRE1068867
APN: 1463313-06-033
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.