Three-Bedroom Twin Home
1420-1432 BIG MEADOW DR Cheyenne, WY 82009
1420-1432 BIG MEADOW DR, Cheyenne, WY, 82009
$2,249,995
For Sale
$2,249,995
MULTI_FAMILY - Cheyenne, WY
Property Size11,900 SF
Lot Size0.62 Acres
Price / SF$189.08
Days on Market20
Property Features for 1420-1432 BIG MEADOW DR
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 12
- Bathrooms
- 12
- Rooms
- Bedroom 6, Bathroom 5, Bathroom 11, Bedroom 5, Bathroom 1, Bathroom 6, Bathroom 8, Bathroom 10, Bathroom 4, Bedroom 7, Bathroom 7, Bedroom 4, Bedroom 12, Bathroom 12, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 9, Bedroom 8, Bedroom 11, Bathroom 2, Bedroom 9, Bedroom 10, Bedroom 2
- Exterior features
- Lawn Sprinklers, Landscaped
- Appliances
- Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 11,900 SF
- Lot size
- 0.62 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- As per County Records
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agency
#1 Properties
(307) 634-2222
Listed by
Dave Coleman · License #12697
(307) 214-6009
Added: Jul 2 Updated: Jul 13 at 11:33PM Checked: Jul 21 at 7:06PM
MLS# 101313
Copyright © 2026 Cheyenne Board of Realtors. 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 for-sale multifamily property includes five twin home units, offered either as a package or individually. Each unit is described as a large-format layout with three bedrooms and 2.5 bathrooms, along with a two-car garage. The listing also notes larger bedroom sizes across the units.
The properties are located at 1420-1432 BIG MEADOW DR in Cheyenne, Wyoming (82009), on a total lot size of 0.62 acres. The overall property size is listed at 11,900 square feet.
For buyers and investors seeking a straightforward residential income asset, this configuration provides multiple, similarly sized townhome-style units within one offering. Because units are available as part of a package or as individual purchases, it may also suit buyers looking to scale into a multi-unit hold while keeping unit-level flexibility. Prospective buyers can review the provided materials and photos (including virtually staged images) to confirm finishes, layout, and garage access for their specific underwriting needs.
The properties are located at 1420-1432 BIG MEADOW DR in Cheyenne, Wyoming (82009), on a total lot size of 0.62 acres. The overall property size is listed at 11,900 square feet.
For buyers and investors seeking a straightforward residential income asset, this configuration provides multiple, similarly sized townhome-style units within one offering. Because units are available as part of a package or as individual purchases, it may also suit buyers looking to scale into a multi-unit hold while keeping unit-level flexibility. Prospective buyers can review the provided materials and photos (including virtually staged images) to confirm finishes, layout, and garage access for their specific underwriting needs.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $207.1k | $17.40 |
| − Vacancy | −$8.7k | −$0.73 |
| EGI | $198.4k | $16.67 |
| − OpEx | −$89.3k | −$7.50 |
| NOI | $109.1k | $9.17 |
11,900 SF · lease $17.40/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.56M
$1.36M – $1.82M
NOI $109,100 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.95M
$1.71M – $2.28M
NOI $136,500 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - For-sale multifamily package of five twin homes with 3-bedroom, 2.5-bath layouts and two-car garages.
Where is this apartment building located?
The property is located at 1420-1432 BIG MEADOW DR Cheyenne, WY.
What is the asking price?
The asking price for this property is $2,249,995.
