Investment Overview

MARCUS & MILLICHAP IS PLEASED TO EXCLUSIVELY PRESENT THOMAS JEFFERSON APARTMENTS — A 17-UNIT, 34-BED STUDENT HOUSING ASSET LOCATED AT 1380 19TH STREET IN BOULDER’S GOSS-GROVE SUBMARKET, DIRECTLY ADJACENT TO THE UNIVERSITY OF COLORADO BOULDER. THE PROPERTY OFFERS A RARE CONVERGENCE OF IRREPLACEABLE CAMPUS PROXIMITY, DEEPLY BELOW-MARKET RENTS, AND A CLEAR VALUE-ADD PATHWAY IN ONE OF THE MOST PROVEN STUDENT HOUSING MARKETS IN THE COUNTRY. Thomas Jefferson sits immediately west of CU Boulder, with the university bordering the property to the east and only a single0.22-acre parcel separating it from campus to the south. In a market where walkability to class is the single most important amenity for student renters, this is not simply a near-campus address. It is functionally on campus — a position that is permanent, unrepeatable, and insulated from competitive supply. The property comprises 17 uniformly configured two-bedroom, two-bathroom apartments averaging 851 square feet across 0.42 acres of RH-1 zoned land. That consistency is a meaningful operational advantage. One floor plan, one renovation scope, one leasing profile — centered on the most liquid and dependable unit format in Boulder’s off-campus market. Two-bedroom product continues to outperform across the city because it balances affordability through roommate configurations with the privacy and space that students prioritize.