Property profile

2504 Fertig Dr Wheatland, WY 82201

OFF-MARKET
Residential income homes
Property ID
US95-0252382
3,400 SF 0.19 ac lot Built 1979
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

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 246812201042CM
UPID US95-0252382

Cap rate & NOI

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

Location

2504 Fertig Dr Wheatland, WY 82201-2132
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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