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Property profile

204 Victor Ave Victor, CO 80860

OFF-MARKET
Multifamily properties
10,298 SF 1742 ac lot Built 1899
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses three multi-family buildings situated in the heart of historic downtown Victor, Colorado, within the Cripple Creek Victor Mining District and the Gold Belt National Scenic Byway. The property consists of a 4-plex (7 bedrooms, 4 bathrooms), a duplex (4 bedrooms + loft, 2 bathrooms), and a 5-plex (7-8 bedrooms + loft, 5 bathrooms), totaling approximately 10,298 square feet on a substantial 17.42-acre lot. Currently occupied with tenants, these buildings offer immediate rental income and significant upside potential. Each building features "storefront" units suitable for retail, office, or commercial use, presenting diverse income streams. The property includes a separate lot and a garage. The town of Victor provides a complimentary architect for planning renovations or additions, facilitating expansion and further income generation. Located just five miles from Cripple Creek and a convenient 45-minute drive from Colorado Springs and Pikes Peak, this property benefits from a prime location and strong tourism appeal. This rare opportunity allows for immediate income and substantial long-term growth in a thriving historic district. The asking price is $975,000.

Property profile

Verified
Property type Multifamily properties
Year built 1899
Total area 10,298 SF
Lot 1742 ac (75,881,520 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204 Victor Ave Victor, CO 80860
Victor metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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