Property profile

2502 Fertig Dr Wheatland, WY 82201

OFF-MARKET
Residential income homes
Property ID
US95-0282788
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 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

Location

2502 Fertig Dr Wheatland, WY 82201-2131
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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