Technical
Financial
Distress signals
Property profile

1315 29th St Cody, WY 82414

OFF-MARKET
Residential income homes
Property ID
US95-0286860
3,232 SF 0.76 ac lot Built 1983
Entity Owned Absentee Owner
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 16-unit apartment complex located at 1315 29th St, Cody, Wyoming, 82414. The property, built in 1980, sits on a substantial 33,000 square foot lot and is comprised of three separate buildings. The main building houses eight units, strategically designed with two stairwells for convenient access and two coin-operated laundry rooms for tenant convenience. Each unit within the main building offers the added security and flexibility of two entry/exit points. The remaining eight units are distributed across two additional buildings, each featuring four larger units. These units boast private exterior entrances and the added convenience of in-unit washer/dryer hookups. Significant improvements have been made to the property in recent years. All roofs have been replaced within the last decade, ensuring long-term structural integrity. Many units have undergone extensive renovations, including the installation of new windows, doors, flooring, and fresh paint. Several units also feature updated kitchen cabinets. This well-maintained property offers a compelling blend of established income generation and significant upside potential, making it an ideal addition to any investment portfolio. The asking price for this rare opportunity is $2,140,000.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1983
Construction FRAME
Total area 3,232 SF
Lot 0.76 ac (33,000 SF)
APN 5003707122002
UPID US95-0286860

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Inspector

Location

1315 29th St Cody, WY 82414-3960
Cody metro Census 965401
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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