2406 Fertig Dr Wheatland, WY 82201-2128
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.