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Property profile & analytics
OFF-MARKET
Residential income homes
2502 Fertig Dr Wheatland, WY 82201-2131
Entity Owned
6-yr Hold
Property ID
US95-0282788
Property summary
AI-generated overview
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 2502 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 offering two bedrooms and one bathroom. Each unit includes an open floor plan encompassing the living, dining, and kitchen areas, and convenient on-site laundry facilities are available. Residents enjoy the benefit of one off-street parking space per unit. The property is zoned residential and benefits from a pleasant front lawn area for each unit. A nearby park with playground equipment provides added community appeal. The asking price for this multifamily property is $275,000. This presents a strong potential for rental income and long-term appreciation in the Wheatland market. The property's location in Platte County, Wyoming offers a desirable residential setting.
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
246812201043CM
UPID
US95-0282788
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
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
T&r Rentals LLC · 6 yrs held
T&r Rentals LLC
since 2019
1 recorded transaction
Zoning & alternative use
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 Wheatland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheatland 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,584
Tax year 2022
Assessed value
$20,844
Assessed 2023
Previous assessed
$20,844
+0.0% YoY
Effective rate
7.60%
On assessed value
Assessed land
$1,648
Assessed improvement
$19,196
Land market value
$17,349
Improvement market value
$202,059
Total market value
$219,408
Applied tax rate
152.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Bathrooms
4
Total area
3,400 SF
Lot
0.19 ac (8,145 SF)
APN
246812201043CM
UPID
US95-0282788
Jurisdiction
PLATTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
T&r Rentals LLC
Entity
Mailing address
7809 BRAEHILL RD, CHEYENNE, WY 82009-1517
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2019
—
T&r Rentals LLC
Robert L Bauer
Warranty Deed
$142,500 · Cogent Bank
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.
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