2504 Fertig Dr Wheatland, WY 82201-2132
This exceptional investment opportunity presents a four-unit apartment building located at 2504 Fertig Drive, Wheatland, Wyoming, 82201. The property, built in 1979, is zoned residential and offers a compelling price point of $275,000, or $68,750 per unit. Each of the four units boasts two bedrooms and one bathroom, featuring an open floor plan encompassing the living, dining, and kitchen areas. Convenience is enhanced by the inclusion of an on-site laundry facility within the building. Residents enjoy the benefit of off-street parking, providing convenient access for each unit. The property also features a pleasant front lawn area for each unit. The location offers additional appeal with a nearby park-like area complete with playground equipment, situated just south of the building. This property presents a strong potential for long-term rental income and capital appreciation in the Wheatland, Wyoming market. The property's solid construction and desirable features make it an attractive investment for both seasoned and new investors seeking a multifamily property in a stable residential area. The property is situated in Platte County and offers a prime location within the Wheatland community.
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.