2408 Fertig Dr Wheatland, WY 82201-2129
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 2408 Fertig Drive, Wheatland, Wyoming, 82201. The property, built in 1979, boasts a total of 3,200 square feet of net rentable space, situated on an 8,145 square foot lot. The two-story building comprises four units, each featuring two bedrooms and one bathroom. Each unit offers an open floor plan encompassing the living, dining, and kitchen areas, and includes convenient on-site laundry facilities. Residents enjoy the benefit of one off-street parking space per unit. The property is zoned for residential use and benefits from a pleasant front lawn area for each unit. A nearby park-like area with playground equipment adds to the property's appeal. The asking price for this multifamily property is $275,000. This presents a strong opportunity for investors seeking a stable, income-generating asset in a desirable location. The property's solid construction and desirable features make it an attractive option for long-term investment.
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.