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    4362 Us Hwy, Unit 26-85 Torrington, WY 82240

    Sponsored
    For Sale
    $350,000

    Multi-Family 4+, 2 Story - Torrington, WY

    Property size:
    5,880 SF
    Lot size:
    14.97 Acres
    Days on Market:
    146
    Last Refresh:
    Feb 7 at 11:06 am

    Property Features for 4362 Us Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Parking features
    Carport, Garage
    Patio and Porch features
    Patio
    Interior features
    Double Pane Windows, Garage Door Openers, Walk In Closets
    Exterior features
    Rv Parking, Storage Shed, Patio, Fence
    Fencing
    Fenced
    Size
    5,880 SF
    Lot size
    14.97 Acres

    Building Details

    Year built
    1983
    Number of units
    8
    Roof type
    Asphalt, Fiberglass
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s), Storage

    We can help!

    Listing Contact
    Christina Houk

    307 Realty Professionals (307) 575-2980

    Listing agent Christina Houk (307) 575-2980 License #RE-17294

    Listing date Sep 15, 2025

    MLS# 20254973 Listing URL

    Copyright © 2026 Wyoming Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Multi-Family Investment Opportunity

    This multi-family property, situated on approximately 14.97 acres, presents a unique investment opportunity. Originally designed as a bed and breakfast, the 5880 square foot structure is framed to accommodate multiple apartments, each intended to have private bathrooms. The layout includes two common rooms, a master suite with bath, and additional shared bathrooms. The building is fully framed but without drywall. Extensive electrical work has been completed, including wiring throughout, two 400-amp fuse boxes, and a dedicated breaker box for the basement. Multiple exterior entry doors provide private access to each unit, along with utility setups for future use. The property also features an RV parking pad with electrical hookup and dump connection, several older storage buildings, corrals, and a detached garage. Located in Torrington, Wyoming, this property is being sold as-is and is currently uninhabitable, offering outstanding potential for completion as a multi-family investment, retreat, or unique residential project.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Torrington
    County
    Goshen
    State
    Wyoming
    Longitude
    -104.233972
    Latitude
    42.084178

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    FAQs

    What type of property is this?
    Apartment building - Large multi-family property with potential on nearly 15 acres.
    Where is this apartment building located?
    The property is located at 4362 Us Hwy, Unit 26-85 Torrington, WY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Multi-family potential on nearly 15 acres, ideal for investment, retreat, or unique residential project.; - Framed for multiple apartments, each with private bathrooms, plus common rooms and a master suite.; - Extensive electrical work completed, including **two 400-amp fuse boxes and a dedicated breaker box.**
    (307) 575-2980
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    Torrington, WY 82240
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4362 Us Hwy, Unit 26-85 Torrington, WY 82240
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    We can help!
    Listing Contact
    Christina Houk
    Real Estate License ID: RE-17294
    (307) 575-2980
    Learn more
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