Value-Add Opportunity in Victor, CO.

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 proforma performance. With a projected NOI of $64,512, this asset presents strong cash flow potential for investors seeking yield.

While the property could benefit from TLC, it offers immediate upside through operational improvements, unit additions (potentially subsidized by city), unit upgrades, and rental optimization. This is an ideal value-add opportunity for investors looking to enhance returns in a supply-constrained rental market.