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Wyatt House 133 N 3rd St 7 Unit Apartment Building $649,000 ($92,714/Unit) 9.94% Cap Rate Victor, CO 80860
Investment Highlights
- Incredible cash flow
- Value-add potential
- Cripple Creek market
Executive Summary
This 7-unit multifamily investment property is a rare opportunity to acquire a
stabilized asset in a growing mountain market. Originally built in 1899 and
renovated in 2025, the property blends historic character with functional
updates.
The building features seven residential units and is currently offered at an
aggressive price of $649,000, providing an attractive 9.94% cap rate based
on in-place income, with one unit currently vacant. Lease the remaining unit
for increased returns. Contact Broker for more financial information.
The property features an un-renovated carriage house, which can be turned
into additional retail space or units, giving a large upside for someone willing
to take on a project.
stabilized asset in a growing mountain market. Originally built in 1899 and
renovated in 2025, the property blends historic character with functional
updates.
The building features seven residential units and is currently offered at an
aggressive price of $649,000, providing an attractive 9.94% cap rate based
on in-place income, with one unit currently vacant. Lease the remaining unit
for increased returns. Contact Broker for more financial information.
The property features an un-renovated carriage house, which can be turned
into additional retail space or units, giving a large upside for someone willing
to take on a project.
Property Facts
| Price | $649,000 | Apartment Style | Low-Rise |
| Price Per Unit | $92,714 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 9.94% | Building Size | 6,232 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1899 |
| Price | $649,000 |
| Price Per Unit | $92,714 |
| Sale Type | Investment |
| Cap Rate | 9.94% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,232 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1899 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $15,312 | |
| Land Assessment | $688 | Total Assessment | $16,000 |
Property Taxes
Parcel Numbers
Land Assessment
$688
Improvements Assessment
$15,312
Total Assessment
$16,000
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Videos
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Wyatt House | 133 N 3rd St
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