Property profile

2500 Fertig Dr Wheatland, WY 82201

OFF-MARKET
Residential income homes
Property ID
US95-0283443
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 four-unit apartment building located at 2500 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 features four units, each comprising 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. One off-street parking space is provided per unit. The property is zoned residential and benefits from a desirable location with a pleasant front lawn area for each building. 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 potential for long-term rental income and appreciation. The property's location in Wheatland, Platte County, Wyoming offers a stable market for rental properties. This is an excellent opportunity for investors seeking a solid addition to their portfolio.

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 246812201044CM
UPID US95-0283443

Cap rate & NOI

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

Location

2500 Fertig Dr Wheatland, WY 82201-2130
Wheatland metro Census 959402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

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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