Property summary
This exceptional 13-unit apartment building presents a compelling investment opportunity in Silverton, Colorado. Boasting 12,098 square feet, this three-story, Class B property sits on a 0.11-acre lot and includes four covered parking spaces. Currently 100% occupied, the building features ten residential units – eight spacious two-bedroom, two-bathroom units with abundant natural light and mountain views, and two ADA-compliant ground-floor units (one studio, one one-bedroom, one-bathroom). … Three commercial units are also included. Recent improvements include a complete exterior paint job and an optimized heating system. A coin-operated laundry adds to the income stream. The partially finished 3,457-square-foot basement offers significant value-add potential, with potential for expansion, additional bathrooms, and conversion to gym space or additional office space, increasing the total square footage to 15,556. The property is zoned for short-term vacation rentals, a rare and valuable asset in this high-demand market. The building's strong historical occupancy, combined with the potential for increased revenue through basement development and parking rentals, makes this a truly unique investment opportunity in a town where housing demand significantly exceeds supply. Financial highlights include an asking price of $2,850,000, a current cap rate of 4.63%, and a pro-forma cap rate of 4.87%, with a pro-forma NOI of $138,792. Built in 2005, this is the largest apartment building in Silverton.
Ownership intelligence
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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