Turnkey 4-Plex with In-Unit
2044 Westwood Hill Casper, WY 82604
For Sale
$555,000
This fully occupied 4-plex features four 2-bedroom, 1-bath units with in-unit laundry.
Property Size3,886 SF
Price / SF$142.82
Days on Market79
Property Features for 2044 Westwood Hill
General Information
- Standard status
- Active
- Size
- 3,886 SF
- Property subtype
- Multi-family / Four-Plex
Building Details
- Year Built
- 1956
Listing Agency:
eXp Realty, LLC
(307) 243-4551
Listed By:
Colton "CJ" Golay · License #RE-16586
(307) 243-4551
Source:
Compass
Added: May 6
Changed: Jul 23
Last Checked: Jul 23 at 1:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
This turnkey 4-plex is currently fully occupied with no vacancy. Each of the four units includes two bedrooms, one bathroom, and in-unit laundry, offering a consistent layout across the property.
The building has a full brick exterior and sits on a landscaped yard with front-and-back sprinkler coverage. The property has also received thoughtful updates over the years.
Located at 2044 Westwood Hill in Casper, Wyoming, the asset is set up for straightforward ownership with all four units in place and generating rental income.
The building has a full brick exterior and sits on a landscaped yard with front-and-back sprinkler coverage. The property has also received thoughtful updates over the years.
Located at 2044 Westwood Hill in Casper, Wyoming, the asset is set up for straightforward ownership with all four units in place and generating rental income.
Key Highlights
- Fully occupied 4‑plex with four 2‑bedroom, 1‑bath units
- In‑unit laundry in each of the four units
- Double pane windows and carpet flooring
Financial Insights For Multifamily LT 5
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 | $49.0k | $12.60 |
| − Vacancy | −$2.2k | −$0.57 |
| EGI | $46.8k | $12.03 |
| − OpEx | −$14.0k | −$3.61 |
| NOI | $32.7k | $8.42 |
3,886 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$467.6K
$409.2K – $545.5K
NOI $32,732 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$431.7K
$377.8K – $503.7K
NOI $30,222 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$867.6K
$759.2K – $1.01M
NOI $60,734 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - This fully occupied 4-plex features four 2-bedroom, 1-bath units with in-unit laundry.
Where is this quadplex located?
The property is located at 2044 Westwood Hill Casper, WY.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Fully occupied 4‑plex with four 2‑bedroom, 1‑bath units; In‑unit laundry in each of the four units; Double pane windows and carpet flooring
