CU Boulder Buys Nine-Unit Apartment Complex
The University of Colorado Boulder will acquire a 24-bed property at 1395 19th St for $4.25 million, completing its ownership of the block.
Updated on Nov. 5, 2026 in Apartments
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The University of Colorado Board of Regents approved the purchase of a nine-unit, 24-bed apartment complex at 1395 19th St in North Boulder Creek for $4.25 million. The property sits adjacent to existing campus housing and will be funded through a Real Estate Acquisitions Fund.
Why it matters
The acquisition aligns with the Campus Master Plan's goals to modernize student housing and consolidate landholdings in North Boulder Creek. It also positions the university to potentially redevelop more of the neighborhood for student housing in the future.
The nine-unit property, built in 1977 with a smaller 1942 building, offers 15 parking spaces and is expected to generate about $207,000 in annual rent. Closing is anticipated in December, and the property is managed by Boulder Property Management.
The players
University of Colorado Boulder
The flagship campus of the University of Colorado system, which is acquiring the property to expand its student housing holdings in North Boulder Creek.
University of Colorado Board of Regents
The governing body of the University of Colorado system that approved the purchase at its regular meeting.
The details
The main building, constructed in 1977, contains eight two-story apartments, while a smaller 1942 building houses one four-bedroom unit. The property sits directly across the street from Code Talker Hall, which opened this fall, and the university will continue operating it as rental housing for CU Boulder students.
Timeline
Thursday: Board of Regents approved the purchase at its meeting in Colorado Springs.
December 2026: Anticipated closing of the purchase.
Roadmap
This acquisition extends the objectives of the CU Boulder Campus Master Plan, which calls for modernizing student housing and consolidating strategic landholdings in North Boulder Creek. It marks a continuation of the university's effort to control the block around its existing campus housing.
For Boulder renters, the purchase signals continued university investment in campus-adjacent housing, which may affect the supply of rental units in North Boulder Creek. Students and residents considering nearby apartments should watch for how the university manages the property after closing in December.
The takeaway
The acquisition shows the University of Colorado Boulder consolidating control over housing near its campus, a move that could shape rental options in North Boulder Creek for years. Residents and students should watch whether the university pursues further redevelopment on the block.
What happens next
The purchase is expected to close in December 2026, at which point the university will take ownership of the property.
Further reading
For more on the local rental market, explore Boulder Apartments coverage.
Source note: This article includes information reported by Boulder Daily Camera.
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