Property profile

2406 Fertig Dr Wheatland, WY 82201

OFF-MARKET
Residential income homes
Property ID
US95-0236561
3,400 SF 0.19 ac lot Built 1979
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 2406 Fertig Drive in Wheatland, Wyoming. Built in 1979, this two-story structure sits on an 8,145 square foot lot and offers a total of 3,200 square feet of net rentable space. The property is zoned residential and features four units, each boasting two bedrooms and one bathroom. Each unit includes an open floor plan encompassing the living, dining, and kitchen areas, along with convenient on-site laundry facilities. Residents enjoy the benefit of one off-street parking space per unit. The property's attractive landscaping includes a well-maintained front lawn for each building, and is complemented by a nearby park-like area with playground equipment. The asking price for this multifamily property is $275,000. This presents a strong potential for long-term rental income and appreciation in a desirable Wheatland location. The property's solid construction and desirable features make it an ideal addition to any investment portfolio. The convenient location and amenities make it attractive to renters. This is a turnkey opportunity for immediate income generation.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1979
Construction FRAME
Total area 3,400 SF
Lot 0.19 ac (8,145 SF)
APN 246812201046CM
UPID US95-0236561

Cap rate & NOI

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

Location

2406 Fertig Dr Wheatland, WY 82201-2128
Wheatland metro Census 959402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

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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