Boulder student apartment complex sells for nearly $1M per unit
BOULDER — The Plaza on Broadway student housing complex at 955 Broadway in Boulder near the University of Colorado sold this month for $37.5 million.
That means the community’s 39 apartments fetched an average of more than $961,000 each.
The seller of the three-story complex built in 2013 was NB The Plaza DST, according to Boulder County real estate records. That holding company is registered to the California address of NB Private Capital, a student-housing focused real estate investment firm that rebranded as Versity Investments in 2021.
The buyer, public records show, was 955 Broadway Boulder LLC, an entity controlled by Georgia-based Landmark…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!