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Framed Multi-Family Conversion Opportunity
For Sale
$349,000

4362 US Highway 26-85, Torrington, WY 82240

MULTI_FAMILY - Torrington, WY

Property Size5,880 SF
Lot Size14.97 Acres
Price / SF$59.35
Days on Market49

Property Features for 4362 US Highway 26-85

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 7, Bedroom 5, Bedroom 7, Bathroom 4, Bedroom 8, Bedroom 1, Bedroom 6, Bedroom 4
Patio and Porch features Patio
Interior features Double Pane Windows, Garage Door Openers, Walk In Closets
Exterior features RV Parking, Storage Shed, Patio
Subdivision Goshencnty
Standard status Active
Size 5,880 SF
Lot size 14.97 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 06-24-61 W/2NE PART, LOT 02 PART 14.97A TR (1983 STATLER 27X40 SURRENDERED TITLE 03-27-2000)
Tax Annual Amount 1273
Legal Description 06-24-61 W/2NE PART, LOT 02 PART 14.97A TR (1983 STATLER 27X40 SURRENDERED TITLE 03-27-2000)

Utilities

Water source Private

Building Details

Year built 1983
Number of units 8
Building materials Wood Frame
Roof type Fiberglass
Architectural style Other
Additional Structures Storage
Listing Agency: 307 Realty Professionals
Listed By: Christina Houk · License #RE-17294
Added: Jun 15 Changed: Jul 23 Last Checked: Aug 2 at 4:06AM
MLS# 20262923

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.

Investment Insights

Based on property information with market context.

This property is a large, framed structure originally designed to function as a bed and breakfast and laid out to support multiple apartments. The building concept includes apartments with private bathrooms, two common rooms, a master suite with a bathroom, and multiple kitchens. Substantial work is already in place, including extensive electrical wiring throughout the building, two 400-amp fuse boxes, and a dedicated breaker box for the basement. Multiple exterior entry doors provide private access to each unit, and there is a utility setup intended for future use. The property is being sold as-is and is currently uninhabitable.

The site sits on approximately 14.97 acres in Torrington, Wyoming, along US Highway 26-85. Outdoor improvements include an RV parking pad with an electrical hookup and dump connections, along with several older storage buildings, corrals, and a detached garage.

For buyers or developers looking for a larger conversion project, the existing framing and completed electrical infrastructure may help reduce early site-improvement scope. The property’s multi-entrance concept and apartment-by-apartment private bathroom plan can support a multi-family residential buildout, retreat-style use, or a unique residential project, subject to required permitting and completion of unfinished work.

Key Highlights

  • Nearly 15‑acre multi‑family development opportunity with the structure originally designed as a bed‑and‑breakfast
  • Extensive electrical work completed, including wiring throughout and two 400‑amp fuse boxes plus a dedicated breaker box for the basement
  • Framed for multiple apartments with private bathrooms, plus two common rooms and a master suite with a bathroom

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 82240, WY

9,689
Population
4,314
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
93%
High-School Grad
664.7 sq mi
ZIP Area
15
Density / Sq Mi
$65,568
Median Household Income
$37,178
Median Earnings
$788
Median Rent
$233,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Large multi-unit structure is framed for apartments with private bathrooms and extensive electrical work already completed.
Where is this apartment building located?
The property is located at 4362 US Highway 26-85 Torrington, WY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Nearly 15‑acre multi‑family development opportunity with the structure originally designed as a bed‑and‑breakfast; Extensive electrical work completed, including wiring throughout and two 400‑amp fuse boxes plus a dedicated breaker box for the basement; Framed for multiple apartments with private bathrooms, plus two common rooms and a master suite with a bathroom
More about this property
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