Lease Just Signed: Loft in Downtown Boulder

2301-35In July, 8z Rentals leasing agent Brian Kurtz, leased out this property in Downtown Boulder.

Brian explained that there were perks and drawbacks to this property, which made it a slower condo to lease.  This condo has a bedroom with a steep ladder so the property was not for everyone. As a one bedroom, the Pearl Street location and underground parking raised the rate so not everyone could consider it.

It took 45 days of showings to get the property a signed lease.  This is part of a trend which Brian explained, “Forty-five days is starting to become the norm to market a property in Boulder.  In the past places would rent within the first 30 days of listing it because it was such a hot market and things were flying off the shelf.  Now there are a bit more rentals available which is allowing people to shop around, take their time, and really find what they are looking for (more people are buying or renewing because they don’t want to reenter the market since they have seen rent go up like crazy for the last half decade, ultimately leaving more rentals available).”

This loft is very nice with hardwood floors, tall ceilings, large windows, and a nice size living room with a wood burning fireplace and ceiling fan. The kitchen comes with all appliances and has tile counter-tops, tile back-splash and recessed lighting. Off the kitchen is a large private patio with nice views. Above the kitchen is a loft space with wood floors and there is also an office area. The property comes with a small storage unit and washer/dryer.

The water, sewer and trash are included in the rent.

This property is in a great location close to shopping, dining and entertainment.

QUICK FACTS:

Neighborhood: Downtown Boulder

City: Boulder

Property Type: Loft

Bedrooms: 0

Bathrooms: 1.0

Square Footage: 427

Term: August 2016-July2017

Rate: $1,400.00/mo

Leasing Agent: Brian Kurtz

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