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Property profile & analytics
OFF-MARKET
Apartment buildings
1623 Lincolnway Cheyenne, WY 82001-4945
Individually Owned
4-yr Hold
Property ID
US95-0007961
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1939
Construction
FRAME
Total area
2,020 SF
Lot
0.27 ac (11,847 SF)
Zoning code
CB
APN
11001044800012
UPID
US95-0007961
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Braveheart Plaza Apartments Apartment Complex Furnished Apartment Building
-
QuickBooks Customer Support Number - Wyoming USA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Scott Neuenschwander · 4 yrs held
Scott Neuenschwander
since 2022
7 recorded transactions
Zoning & alternative use
CB · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cheyenne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheyenne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,452
Tax year 2023
Assessed value
$20,324
Assessed 2024
Previous assessed
$20,540
-1.1% YoY
Effective rate
7.14%
On assessed value
Assessed land
$5,512
Assessed improvement
$14,812
Land market value
$58,017
Improvement market value
$155,910
Total market value
$213,927
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1939
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Units
6
Bathrooms
6
Total area
2,020 SF
Lot
0.27 ac (11,847 SF)
Zoning code
CB
APN
11001044800012
UPID
US95-0007961
Jurisdiction
LARAMIE
Zoning & alternative use
CB · Cheyenne, WY
Zoning CB · permitted uses
CB · Cheyenne, WY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheyenne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Units
6
Bathrooms
6
Lot
0.27 ac
Current owner
From public records · entity-resolved
Scott Neuenschwander
Individual
Mailing address
1114 WOODS LNDG DR, FORT COLLINS, CO 80525-4265
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
—
Scott Neuenschwander
—
Deed
related
$76,000 · Western Vista FCU
Jun 1, 2022
—
Scott Neuenschwander
Braveheart Plaza LLC
Warranty Deed
$824,000 · Western Vista FCU
Sep 27, 2011
—
Braveheart Plaza LLC
—
Trustees Deed
related
$39,201 · First Interstate Bank
—
—
Braveheart Plaza LLC
—
Deed Of Trust
related
$96,770 · Private Individual
—
—
Braveheart Plaza LLC
—
Deed Of Trust
related
—
—
—
Braveheart Plaza LLC
—
Deed Of Trust
related
$249,000 · First Interstate Bank
—
—
Braveheart Plaza LLC
—
Deed Of Trust
related
$82,477 · Private Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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