Student Housing
THE COLLEGE
2905, 2915, 2935, 2955, 2975 & 2985 College Ave, Boulder, CO 80303
Listing Price: Request For Offer
Investment Overview
THE COLLEGE is an extraordinary redevelopment opportunity in the heart of Boulder’s student housing core, offering developers a 2.62-acre (114,082 SF) site spanning four (4) contiguous parcels. Comprising 91 units and 107 beds, the existing structures date from the late 1950s and early 1960s. Four (4) independent ownership groups have created an alliance in conjunction with Marcus & Millichap’s Multi-Housing Team to deliver this unified assemblage.
This opportunity aligns directly with the University of Colorado Boulder’s (CU Boulder) 2021 Campus Master Plan (CMP), allowing the rare opportunity to partner with both university and city stakeholders to bring forward a project that supports the CMP’s long-term vision. For developers, the question is no longer if CU will expand here—but when, and who will lead this next phase of growth. The College stands ready to become a landmark project that bridges Main and East Campus while shaping Boulder’s next generation of student living.
THE COLLEGE
Investment Highlights
- Rare Assemblage: Four ownership groups, in partnership with Marcus & Millichap's Multi-Housing Division, present a unified 2.62-acre (114,082 SF) site.
- Prime Connectivity: Direct pedestrian access linking CU Boulder's Main and East Campuses, less than 0.2 miles from major academic and research facilities.
- CMP Alignment: Fully consistent with CU's 2021 Campus Master Plan vision for East Campus housing and mixed-use expansion.
- Limited Supply: One of the few privately owned parcels in CU's East Campus growth zone amid a near-zero development pipeline.
- Existing Income Stream: Current operations generate stable income that offsets holding costs during entitlement and design phases.
- Flexible Development Path: Accommodates a range of formats—from mid-rise apartments to purpose-built student residences—addressing upper-level and graduate housing demand.
- Streamlined Entitlements: Positioned for collaboration under the CMP framework, aligning with city and university objectives.
Investment Highlights
- Rare Assemblage: Four ownership groups, in partnership with Marcus & Millichap's Multi-Housing Division, present a unified 2.62-acre (114,082 SF) site.
- Prime Connectivity: Direct pedestrian access linking CU Boulder's Main and East Campuses, less than 0.2 miles from major academic and research facilities.
- CMP Alignment: Fully consistent with CU's 2021 Campus Master Plan vision for East Campus housing and mixed-use expansion.
- Limited Supply: One of the few privately owned parcels in CU's East Campus growth zone amid a near-zero development pipeline.
- Existing Income Stream: Current operations generate stable income that offsets holding costs during entitlement and design phases.
- Flexible Development Path: Accommodates a range of formats—from mid-rise apartments to purpose-built student residences—addressing upper-level and graduate housing demand.
- Streamlined Entitlements: Positioned for collaboration under the CMP framework, aligning with city and university objectives.
Investment Overview
THE COLLEGE is an extraordinary redevelopment opportunity in the heart of Boulder’s student housing core, offering developers a 2.62-acre (114,082 SF) site spanning four (4) contiguous parcels. Comprising 91 units and 107 beds, the existing structures date from the late 1950s and early 1960s. Four (4) independent ownership groups have created an alliance in conjunction with Marcus & Millichap’s Multi-Housing Team to deliver this unified assemblage. This opportunity aligns directly with the University of Colorado Boulder’s (CU Boulder) 2021 Campus Master Plan (CMP), allowing the rare opportunity to partner with both university and city stakeholders to bring forward a project that supports the CMP’s long-term vision. For developers, the question is no longer if CU will expand here—but when, and who will lead this next phase of growth. The College stands ready to become a landmark project that bridges Main and East Campus while shaping Boulder’s next generation of student living.
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