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31-Unit Apartment Portfolio
For Sale
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840-846 Grant Street, Douglas, WY 82633

Fully leased residences span established Douglas neighborhoods near downtown amenities, schools, shopping, and major employment centers.

Property Size1 SF
Price / SF$4,500,000
Days on Market61

Property Features for 840-846 Grant Street

General Information

Standard status Active
Size 1 SF
Property subtype Multifamily
Occupancy 100%
Net Operating Income $268,211

Units

Unit Mix 4 x 1BR, 22 x 2BR, 5 x 3BR
Multifamily Units 31

Additional Details

Cap Rate 6.7%

Building Details

Buildings 5
Units 31
Tenancy Multi
Listing Agency: North Platte Agency
Listed By: Michaela Kones · License #RE-14563
Source: Crexi
Added: Jul 2 Changed: Aug 30 Last Checked: Aug 30 at 4:29PM

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 North Platte Agency

Investment Insights

Based on property information with market context.

This apartment portfolio comprises 31 fully leased units in Douglas, Wyoming, with a mix of 4 one-bedroom, 22 two-bedroom, and 5 three-bedroom residences. The offering provides varied unit configurations across multifamily assets positioned in established residential neighborhoods.

The properties are located at 840-846 Grant Street and throughout the Douglas community, with proximity to downtown amenities, schools, shopping, and major employment centers. Quiet neighborhood settings and access throughout the community support the portfolio’s residential positioning. The offering is presented as one sale and reflects a current 6.70% cap rate.

Key Highlights

  • 31 fully leased apartment units
  • Unit mix includes 4 one‑bedroom, 22 two‑bedroom, and 5 three‑bedroom units
  • Current 6.70% cap rate

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Plumbing Service Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31
Residential units

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

Demographics for 82633, WY

9,764
Population
4,653
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
2,575.3 sq mi
ZIP Area
4
Density / Sq Mi
$81,467
Median Household Income
$43,120
Median Earnings
$874
Median Rent
$274,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Fully leased residences span established Douglas neighborhoods near downtown amenities, schools, shopping, and major employment centers.
Where is this apartment building located?
The property is located at 840-846 Grant Street Douglas, WY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 31 fully leased apartment units; Unit mix includes 4 one‑bedroom, 22 two‑bedroom, and 5 three‑bedroom units; Current 6.70% cap rate
(605) 403-0333 Call to check price and availability
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