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217 W Masonic Ave 10 Unit Apartment Building $1,020,382 CAD ($102,038 CAD/Unit) 6% Cap Rate Cripple Creek, CO 80813
Executive Summary
Great opportunity to own a fourplex in the historic gaming town of Cripple Creek. Ideally located within walking distance to shops, restaurants, and casinos, this property offers both convenience and strong rental appeal. All units are currently occupied, providing immediate income for investors. With a cap rate of 6%, this is a solid investment opportunity in a desirable area. Call for more information or to schedule a showing.
Property Facts
| Price | $1,020,382 CAD | Property Subtype | Apartment |
| Price Per Unit | $102,038 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 2,810 SF |
| Cap Rate | 6% | No. Stories | 1 |
| No. Units | 10 | Year Built | 1998 |
| Property Type | Multifamily |
| Price | $1,020,382 CAD |
| Price Per Unit | $102,038 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 2,810 SF |
| No. Stories | 1 |
| Year Built | 1998 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,429 CAD | 703 |
| 2+1 | 2 | $1,429 CAD | 703 |
| 1+1 | 3 | $1,633 CAD | 600 |
| 1+1 | 4 | $1,429 CAD | 600 |
1 1
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R0042101 | Improvements Assessment | $37,035 CAD |
| Land Assessment | $3,238 CAD | Total Assessment | $40,273 CAD |
Property Taxes
Parcel Number
R0042101
Land Assessment
$3,238 CAD
Improvements Assessment
$37,035 CAD
Total Assessment
$40,273 CAD
Contact
-
Mike Slaback -
Your Neighborhood Realty Inc.
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217 W Masonic Ave
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